The Globe and Mail reports in its Saturday edition that silver prices vaulted above $100 (U.S.) an ounce on Friday, extending a remarkable 2025 surge into the new year as retail investor and momentum-driven buying added to a prolonged spell of tightness. A Reuters dispatch to The Globe says hopping onto the coattails of far more expensive gold, technical analysts who study charts of past price moves to predict future movement said the rapid nature of silver's gains had positioned it for a major correction. "Silver is in the midst of a self-propelled frenzy and with plenty of geopolitical risk to give gold added buoyancy, silver is benefiting, even now, from its lower unit price," said StoneX analyst Rhona O'Connell. "Everyone, it seems, wants to be involved but it is also flashing amber wealth warnings. As and when cracks start to appear they could easily become chasms. Buckle up." BofA strategist Michael Widmer estimates that a fundamentally justified silver price is around $60 (U.S.) with demand from solar panel producers probably having peaked in 2025 and overall industrial demand under pressure from record-high prices. Its price ratio to gold means that silver's outperformance over gold has become stretched.