Sir Issac Newton’s Third Law of Motion states that for every action, there is an equal and opposite reaction. Gold and silver’s parabolic rallies have reached a frenzy, and while prices could continue to rise, the risk of ownership has increased dramatically. In a January 22, 2026, Barchart article on silver, I concluded with the following:
Based on the price action over the past five decades, silver is expensive at nearly $100 per ounce, but that does not mean it will not become even more expensive. Gravity has a way of hitting a parabolic market when no one is expecting it, so approach silver with extreme caution in the current environment. I remain bullish on silver in January 2026, but the odds of a severe, and perhaps ugly, correction are rising as the price rises.
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