Silver’s powerful rally may be entering a new phase, and the biggest opportunity could now lie in mining equities.
Speaking with Kitco News at PDAC 2026, Peter Krauth, author of The Great Silver Bull and editor of Silver Stock Investor, said the market has likely moved beyond its early accumulation stage and into the awareness phase of the bull cycle. He expects volatility to remain a defining feature of the market this year as prices continue climbing.
Krauth also warned that structural pressure may be building in the paper silver market. “If you get some big futures holder that says, ‘I’m standing for delivery,’ and the exchange can’t meet that delivery,” he said, “that’s when all you know what breaks loose, and then that’s a reset.”
At the same time, institutional capital may finally be turning toward the sector, with large funds beginning to recognize the need for exposure to resources. Krauth argues that silver developers remain deeply discounted relative to producers, leaving significant upside if capital flows accelerate.
Despite silver’s surge, he believes the cycle is still early. “This bull market is just getting started.”
Recorded March 02, 2026.
00:58 – Silver Bull Market Bear Trap Explained
02:55 – Geopolitics, Recession Risk and Silver vs Gold
03:58 – COMEX Silver Squeeze and Delivery Risk
05:50 – India Moves Away From LBMA Silver Pricing
07:09 – Industrial Silver Demand and Substitution Limits
09:00 – Solar Power, Batteries, and Silver Demand
11:02 – Silver Miners Scarcity Premium Explained
11:28 – Institutional Investors Enter Silver Mining Stocks
15:12 – Silver Miners Leverage on the Silver Price
16:41 – Offtake Deals and Physical Silver Premiums
17:50 – How to Invest in Silver Stocks Now
Special thanks to our sponsors, GoldMining Inc., U.S. Gold Mining Inc., UEC & URC for making this coverage possible.
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#Silver #SilverPrice #SilverSqueeze #SilverStocks #SilverMiners #PreciousMetals #Mining #Comex #PDAC2026 #KitcoNews
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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30 Comments
Up down up down BS
No miners buy the PM.It's everthing manipulatet at the stock market.
Crimex calls the shots just like any other corrupt financial institution would..
我们已经提前一年开始买矿业股票了，但是我们的国家不允许我们去买境外的股票。
Don’t Agree Algos run 80% of the market it’s a trap to fish net to capture the leverage .Agree with Asia.
SLVR
SILJ
AGQ
PSLV
IS MY FULL PORTFOLIO
Excellent report 💯😄 thumbs up 👍👍👍👍👍👍👍👍👍😎
Silver is gonna crash.
They are pulling the same shot they did in 21… get everyone to pile in and it's gonna go back to 30
Jeremy is great.
But a lot has happened to silver miners this week. Video is old.
Jeremy, your love of the precious metals' industry glows, you're the best
DUB the vídeo please
11% ?
Flat tax? ❤
There are no fundamentals, supply & demand has no influence. It's like me being the dealer, picking your cards and my own. My expertise is beer drinking; they can drop the price in half in a millisecond to cover a short anytime they want.
Western pricing is moronic
Silver is a long time coming
Silver hovering around $84. This video is already dated. Need to upload asap the way things are moving, Martin Armstrong just have a great interview on Palisades Gold channel. He predicted this war a while ago, saying it will start in February. He says it’s not ending anytime soon. 2-3 years. And it only ends when Iran says it does. Gold will be up to $10k by 2032.
Silver will slowly go up .
Then it will shoot down.
is going up again.
That's the story of silver.
Kitco this is now very dated info from 2 March, after a week of war we have much different market and data. Yes silver certainly is still the macro trade of the decade.
Im holding on to a 100oz bar. Im waiting for silver to hit $150. Some even say it might hit $300. That'll be something. I only paid $1,780 eight years ago.
So the big money coming into miners??? Is that why so many of the miners got hammered down 8-10% Thursday while the metals were down by less than 2%? And Friday with metals up, the miners were still down to flat.
BS on solar being the cheapest. And battery banks are extremely expensive to manufacture and install.
The big banks can't manipulate and suppress silver prices forever as pricing moves east and physical demand takes over. Hold tight and don't sell and beat the big banks with short positions at their own game! And the fact that some comex people and market manipulators aren't in jail says a lot about regulation and enforcement that is actually better in the east.
I think the world is so different now, past behavior of the gold and silver markets is much less predictive of what is to come.
What recession?
Tomahawks don’t have any significant amount of silver. Just ask ChatGPT
There is an abundant supply of silver.
Posting old videos is not very interesting
And here we go. Mainstreet Media FINALLY yapping about Gold…Saturday March 7th…The Today Show ran a featured segment. How to turn your Gold into Cash… StackDaHellOn!!!
I’m a stacker and recently got into the miners. I’m a little skeptical of the miners though because they already had their big run when you look into it. Do they still have more big upside?