To: TobagoJack who wrote (218890 ) 1/1/2026 11:16:33 PM From: TobagoJack Read Replies (4) | Respond to of 219784 Q: What would Heinz say about silver today, for 2026 ? Silver: The Ghost of Money Past and Future By Pater Tenebrarum One is almost amused by the recent flurry of excitement surrounding silver. The commentariat, having finally noticed the metal’s spectacular price appreciation, now scrambles to explain it away with convenient narratives of “green energy” demand and electric vehicle production. While it is certainly true that silver possesses unique physical properties that make it indispensable to industry, to focus on this aspect alone is to miss the forest for the trees. It is to admire the color of the canary while ignoring the toxic fumes filling the coal mine. The awakening of silver is not an industrial story; it is a monetary story. It is the ghost of money past, stirring from its long slumber to haunt the central bankers who thought they had banished it forever. For decades, the price of silver has been a study in managed decline, a tragicomedy of paper market manipulation. The great fiction of the COMEX and other paper exchanges was that a limitless supply of paper claims could be created to suppress the price of a finite physical asset. This arrangement, a cornerstone of the post-1971 fiat monetary order, served to obscure the relentless debasement of the currency by making real money appear cheap. But such fictions can only be maintained for so long. The structural supply deficits that have plagued the market for years are not a new phenomenon, but the inevitable result of prices being held artificially below their market-clearing level. Now, as the physical market asserts its primacy—with soaring premiums, draining inventories, and a palpable sense of panic among those who need to source actual metal—the paper charade is reaching its final, ignominious act. The disconnect is not a temporary anomaly; it is the sound of a fraudulent market breaking apart under the weight of its own contradictions. To ask what silver will be worth in 2026 is to ask the wrong question. The correct question is what the US dollar—and by extension, all fiat currencies—will be worth. The price of silver, when denominated in a currency that is being created with reckless abandon, is merely a measuring stick of that currency’s demise. The industrial demand, while significant, is but a catalyst accelerating a process that was already inevitable. It provides a floor for the price and a constant drain on physical supply, making the paper manipulators’ job ever more difficult. But the true engine of this revaluation is the dawning realization among a growing number of people that their paper savings are melting away like ice in the sun. Silver, the “poor man’s gold,” has always been the monetary asset of the people, more accessible and transactional than its wealthier cousin. Therefore, one should not be surprised to see the price denominated in dollars reach levels that seem fantastical to the Keynesian witch doctors and their spreadsheet models. Forecasts of $100 or $150 are not outlandish; they are likely conservative, for they fail to grasp the non-linear nature of a currency collapse. When confidence in paper money evaporates, it does not do so gradually; it vanishes in an instant. In such a world, silver will not be valued for its use in solar panels, but for its five-thousand-year history as a store of value and medium of exchange. It will be valued not for what it can do, but for what it is: real money, a tangible anchor in a sea of worthless paper promises. The future of silver is not to be found in industrial forecasts, but in the immutable laws of economics, which dictate that all fraudulent monetary systems must eventually return to dust.