Silver prices are on a rollercoaster, up 200% in the past year and all over the place this past week.

The rally’s driven by Federal deficits, debt, and exploding demand in AI, EV’s, solar — and soon robots. Will silver keep going?

Silver prices are on a rollercoaster, up 200% in the past year and all over the place this past week.

The rally’s driven by Federal deficits, debt, and exploding demand in AI, EV’s, solar — and soon robots.

Will silver keep going? pic.twitter.com/dSmZZ5UXzq

— Peter St Onge, Ph.D. (@profstonge) February 4, 2026

• Silver is going to continue higher so long as demand exceeds supply. Most of the uses of silver aren’t significant portions of the costs of the end product. This makes demand inelastic to price which is a nice place to be if you’re holding silver. – Mike B
• There are three silver forces at play: Fed Chair pick Kevin Warsh, COMEX margin changes, and the original bullish argument. Warsh is the pin that popped the balloon, COMEX is the accelerator, and the general bull argument represents the dip buyers. – Stockpix
• Funny how silver’s volatility this week contrasts that massive 200% yearly jump driven by deficits and tech demands – makes you question if the robot factor will really propel it further, or if we’re seeing the limits of this rally already. – Dragon