In this clip, Micah Haines from Noble Gold explains why the recent 30–50% pullback in silver looks like a classic bull market correction, not the end of the run. He walks through how silver ran from $30 to $120, why the repeated bounces around $65–$75 look like a “triple bottom,” and how past cycles set up explosive moves to new highs. If you’ve been waiting for a better entry point, this breakdown of floors, ceilings, and consolidation will help you understand where we might be in the bigger silver cycle.
Kimchi One from Brightcore – Improve your health, improve your life. 25% Off with code: MANINAMERICA at https://mybrightcore.com/maninamerica Or dial (888) 575-6488 for up to 50% OFF and Free Shipping – ONLY when you call!
To learn more about Red Light Therapy, visit http://myredlight.com and use promo code SETH to save.
Disclaimer: This video is for informational and educational purposes only and does not constitute financial, investment, legal, or professional advice. Always do your own research and consult with a qualified professional before making any financial decisions. The views expressed are opinions based on publicly available information and personal analysis, and no guarantees are made regarding accuracy or outcomes. Investing involves risk, and you are solely responsible for your own financial decisions.
We've had a couple of months of consolidation and correction in gold and silver both.
You know, that did obviously coincide with the war and the escalations there,
kind of popping off and maybe catching us a little bit off guard and by surprise.
We were due, and we've talked about this before on your show, that we were due for
kind of some type of reset anyway, like we had a great run from September of last year
to January of this year, we ran from 30 to 120 bucks in silver, right?
To have a 30, 40, 50% correction, that's actually very common, especially in bull markets.
So in the 70s, in the early 2000s, in 2008 to 2011, we have had these 30 to 50% corrections
in the middle of a massive bull market, and we are still in one.
And I'm absolutely confident we're going to be making higher highs.
Very soon, we hit 65 in silver.
So we went from 120 to 65.
We double tapped in February.
We tested it one more time just last week in March, and we're already back up above
$75 right now.
And I think that that really will prove to be the triple bottom and the end of the consolidation.
I can see we've given the thesis or the rationale for $200 silver on your show.
I think we can see that as early as June, maybe giving myself a little bit more buffer,
like maybe sometime later in the fall, like September.
So if the bottom is it, we will actually see a pretty fast move upward.
That's exactly it.
And so I think putting it that way, you said it perfectly, that it's just creating a new
floor at a much higher price, right?
And the floor is essentially a launch pad, but you're going to shoot off from a much
higher kind of base point.
11 to 30, that was a triple.
30 to 120, that was a quadruple.
Now we're basing, like you said, it was as low as 65, as high as 85.
Let's kind of take a mid-70s, low-70s kind of average.
That's where we've been spending the last two months.
So what I think happens next is, again, not tomorrow, but I think we're kind of in the
final chapters of this basing, right, where it's been finding that kind of nice, tight
little coil, and it's got its comfortable floor from which it can relaunch.
And when it relaunches, it can do a very similar kind of tripling, doubling, tripling,
quadrupling, who knows?
That stuff hasn't gone away, right?
Just because the price has crashed by 50%, all the reasons that silver could never crash
back in December and January, right?
When it was going up, I was hearing, this is it, it's going to keep going.
And of course, like, it will, but it has to have these kind of ebbs and flows.
So you reset price, you launch from a new, higher floor.
Resetting sentiment might be the biggest and most important thing.
Like, the way that people feel about it, like, we went from people being like, oh, my gosh,
it's never going to go down to, oh, my gosh, it's never going to go back up.
To me, as a contrarian thinker, in general, I kind of use those as my spidey sense.
Like, when people are saying, oh, geez, this is really just, you know, it's never going
to go back up, the bull market is over, I use that as like, okay, this is actually fuel
for it to jump a lot higher now.
Here's the hard truth.
Every six years, your dollar loses half its buying power.
That means a $100,000 savings account today could feel like $50,000 by 2031.
And you see it every time you fill up your tank, buy groceries, or pay the bills.
Prices are up.
Your dollar's down.
But there's a simple way to protect the value of your savings with something real,
something proven.
Gold.
An asset that holds its value over time.
And that's why I trust Noble Gold Investments.
They make it simple to protect your savings with physical gold or silver.
No high-pressure sales.
No call centers.
Just honest guidance.
One-on-one support.
And transparent pricing.
And right now, when you open a qualified account, Noble Gold will send you a free 10-ounce
silver American flag bar as a thank you.
So, head over to GoldWithSeth.com or call 626-654-1906 today to learn more.
Again, that's GoldWithSeth.com or 626-654-1906.
Don't just protect your wealth.
Preserve its power.
