Silver Short-Term Top_ What_s Next _ Peter Grandich

"Silver surged 170% last year. Then it crashed 35%. And the question every investor is asking: was that the top — or just the pause before the real explosion?"In this episode, Peter Grandich — a trusted voice in financial markets since 1984 — delivers his updated outlook on silver's massive volatility [citation:5][citation:6]. Grandich explains why the January 2026 collapse from $121 triggered by CME margin hikes was a "deliberate shakeout," not a reversal of the bull market. He points to six consecutive years of supply deficits as documented by the World Silver Survey 2026, now projecting a seventh deficit of 46.3 million ounces. COMEX Registered inventories cover only 13% of open interest — near-historic lows — while industrial demand from AI data centers, EVs, and solar panels continues absorbing physical supply faster than mines can produce.Grandich warns investors not to mistake a healthy consolidation for the end of the move. He argues that physical metal remains the essential holding for capital preservation, while junior miners offer leveraged upside for those with tolerance for volatility. The "pause" he sees could last weeks or months, but his longer-term price target of $100 for silver remains intact. Press play for Grandich's most honest assessment yet of what's next after silver's historic collapse.