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Silver’s Next Big Run May Take Patience

VRIC Media Jul 3, 2026

Summary

Vermeulen expects any silver pullback to be temporary, with a first upside target of a 200% gain and a later range near 300%.

He contrasts buy-and-hold investors who ride out silver's volatility with active investors who sell near peaks and re-enter before the next run.

Drawdowns are routine for commodities in his view, so weakness can be a chance to add rather than a reason to sell.

Chris Vermeulen's takeaways

  • Top takeaway Vermeulen says he exited silver around $111, re-entered near $63, and as of July 2026 targets a first upside gain of about 200% followed by a range around 300%.
  • He argues any silver pullback is temporary and that buy-and-hold investors, used to commodity volatility, can ride it out and add to positions.
  • As an active investor, he says he sells near peaks when assets look overvalued and buys back only when the next big run is ready to start.
  • He calls silver's chart the most beautiful he has seen and thinks people should be excited about the setup.