A bold new silver call is popping up everywhere. Technical analyst Michael Oliver, founder of Momentum Structural Analysis, believes the silver price could be headed for an extreme move, potentially reaching $300 to $500 per ounce by summer 2026.
That sounds unreal at first glance, but Oliver argues the setup is already in motion. He says the recent pullback wasn’t the end of the rally. It was the midpoint shakeout before the real breakout begins.
Mark shared Oliver’s latest view, calling the recent dip a “jiggle in the middle.” In other words, a temporary drop meant to flush out weak hands before the next leg higher.
Oliver’s thesis is that the silver price has already broken out of its massive 50-year range. The market is no longer trapped in the old cycle. It’s entering a new pricing era.
UPDATE: MICHAEL OLIVER'S BOMBSHELL – SILVER TO $300–$500 BY SUMMER 2026
— Mark (@Mark4XX) February 7, 2026
Technical analyst Michael Oliver, founder of Momentum Structural Analysis, just dropped a massive update on silver's trajectory. After calling the recent pullback perfectly, he says the "jiggle in the… pic.twitter.com/lpXiJZgoUw
The Timeline For Silver: Consolidation First, Then Lift-Off
Oliver expects February to be a choppy month, with silver grinding and battling back toward recent highs.
By March, he believes the silver price could retest the top again. After that, he sees the real acceleration happening into summer.
His target range is aggressive: $300 to $500 per ounce. If it plays out, it would be one of the fastest repricings in modern commodity history.
Why Oliver Thinks This Silver Move Is Different
The argument isn’t only technical. Oliver points to structural forces pushing the silver price higher. Industrial demand keeps rising, especially from solar panels, AI infrastructure, and tech manufacturing. Silver isn’t just a monetary metal anymore – it’s also a key industrial resource.
However, supply is tight. Deficits have been persistent, and physical premiums in places like China show real demand under the surface.
Oliver also ties the silver price breakout to bigger cracks in the financial system. The dollar continues to weaken over time.
Bond markets are unstable. Inflation pressure hasn’t disappeared, and commodities across the board have started waking up.
In that kind of environment, capital often rotates into hard assets, and silver tends to move violently when it finally catches a bid.
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Furthermore, Michael Oliver’s call is extreme, but the message is clear: he believes silver is no longer playing by the old rules.
If the breakout is real and the supply-demand pressure keeps building, the silver price could be setting up for a historic move into summer 2026.
Whether $500 happens or not, this is the kind of forecast that reminds everyone: silver doesn’t move slowly when it decides to move at all.
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