Silver is Hitting All-Time Highs Against Global Currencies—Will USD Be Next?

We’ve got an exciting situation unfolding here. While silver in US Dollars is still hanging below its all-time high (ATH), in a bunch of other global currencies, silver’s been absolutely smashing records. Yep, in 4 out of 10 major currencies, silver’s already hit new ATHs. In three more, it’s just a hair’s breadth away.

So, what does this mean for silver priced in USD? Is it time to get excited? Well, you bet it is! Silver’s in a global bull market, and it’s only a matter of time before it plays catch-up in USD.

The USD Silver Price: A Big Opportunity

Now, we’ve been talking about silver in USD in many of our articles over the years, and here’s the kicker: even though it’s not at its peak yet, the charts are screaming that silver’s gearing up for a big move. The setup looks like a classic bullish cup-and-handle pattern, which usually points to higher prices. We’re looking at $50 an ounce on the horizon—maybe sooner than you think.

And for those who aren’t into chart analysis, no worries. I’ll keep it simple. The current structure is telling us that silver’s been consolidating, building a base, and it’s ready to break out. This is a “get-in-before-it’s-too-late” kind of moment.

Global Silver Highs: Country by Country Breakdown

Now, let’s zoom out and see what’s happening around the world:

• India (Rupees): Silver’s breaking records left and right. People there are snapping up physical silver like it’s going out of style. In fact, 2024 has been a massive year for Indian silver buyers.
• Russia (Rubles): While silver technically hit ATH in 2022, that was a bit of a fluke spike, so this year’s numbers really show a steady climb. Let’s call it a solid win.
• Australia (AUD): Silver’s gone beyond its highs from 1980 and 2011. If you’re sitting on silver down under, you’ve got something to smile about—this bull market is in full swing.
• South Africa (Rand): Another country where silver’s breaking ATHs like it’s on a mission.
• Canada (CAD): Not quite at ATH yet, but it’s only a few percentage points away. Expect silver to crack that ceiling soon.
• Europe (Euro): Same story as Canada. Silver’s flirting with ATH and should cross it before long. The important thing? It’s already surpassed the 1980 peak.
• UK (Pound): While it’s still a bit below ATH, this is another currency where silver is just on the cusp of a breakout.
• Japan (Yen): The Yen’s story is a bit different, with an outlier spike in 1980. But if you ignore that weird blip, silver’s well on its way to ATH here too.
• China (Renminbi): Not quite there yet, but silver’s getting ready to test its highs.
• Switzerland (Franc): The Swiss are the outlier. Silver’s still well below its ATH, but even here, the bullish trend is clear.

Why Does This Matter for You?

The big picture here is that silver is in a global bull market. Sure, silver in USD hasn’t hit ATH yet, but when you look around the world, it’s obvious: silver’s value is surging. That’s the real takeaway. Silver’s rising across the board, and USD prices are lagging behind—but they won’t be for long.

If you’ve been waiting on the sidelines, this is the moment to think seriously about silver. The bull market is here, and it’s only a matter of time before USD silver catches up with the rest of the world. And when it does, we could see a big move upwards.

Take Action Now
Silver’s global rally is a signal. If you’re holding dollars, now could be the time to consider adding silver to your portfolio. Don’t wait until it hits $50 to jump in—you want to be ahead of the curve, not playing catch-up.

Got questions? Check out my go-to guide, Seven Steps to Protect Yourself from Bank Failure, or dive deeper into Bill’s book over at the Inner Circle NEWSROOM. Protect your wealth while there’s still time. Click here to get started!

Stay sharp and keep stacking, folks!