You are here
Craig Hemke at Sprott Money: The battle for $50 silver
By Craig Hemke
Sprott Money, Toronto
Monday, October 13, 2025
With the U.S. banks closed on Monday, and with the Canadian markets also closed for Thanksgiving, the Comex futures price for silver reached over $50 for the first time in history.
So what's next? A surge of 100% over the next 18 months, like gold has just accomplished, or will this be another failure before a sharp pullback and years-long decline? ...
What's driving this current surge in price?
... Dispatch continues below ...
... ADVERTISEMENT ...
Blue Lagoon Highlights Optimal Market Timing
As Underground Mining Advances At Dome Mountain
Company Announcement
Thursday, October 9, 2025
VANCOUVER, British Columbia, Canada -- Blue Lagoon Resources Inc. (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) announces that underground mining has entered its second week at the company's fully permitted Dome Mountain Gold Project near Smithers, British Columbia, amid the strongest gold price environment ever.
Last week's start of underground operations marked the beginning of Blue Lagoon's transition from development to production -- a milestone occurring at an opportune time as gold prices reach fresh record highs and worldwide investor interest in precious metals accelerates.
"Timing in the mining business is everything," says Blue Lagoon President and CEO Rana Vig. "With underground mining now underway and gold prices at record levels, Blue Lagoon is well positioned to capitalize on this strong market environment. Our strategy has always been to move Dome Mountain into production efficiently and responsibly, and today those efforts are aligning with market conditions." ...
... For the remainder of the announcement:
https://bluelagoonresources.
---
Blue Lagoon Resources will be represented in New York on October 20 and 21 and will be scheduling private appointments. For more information, contact President and CEO Rana Vig at rana@ranavig.com.
Massive stress in the fractional reserve and digital derivative pricing scheme that held for more than 50 years. The pricing scheme relies upon leverage, rehypothecation, and unallocated accounts -- and it has held for decades as physical demand has been suppressed.
However, nearly 1 billion ounces of mine supply deficit over the past five years, combined with increasing industrial and investment demand, has created a drain of physical metal from the London warehouses, placing the entire pricing scheme at risk of failure. ...
... For the remainder of the analysis:
https://www.sprottmoney.com/blog/the-battle-for-50-silver-spot-price-analysis
* * *
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Sunday-Wednesday, November 2-5, 2025
https://neworleansconference.com/gata/
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png
