Silver's Next Target: $106 | Chris Vermeulen
Liberty and Finance Jan 16, 2026
Summary
Silver's next measured-move target is $106 — a Fibonacci 100% extension that often sparks an emotional turning point.
Gold points to $5,170-$5,200 (~12% upside) and platinum to ~$3,060 (~25% upside) on the same extension framework.
Sharp parabolic moves warn of a crowded trade; the guest expects a possible 50-70% silver pullback if the topping pattern breaks.
He trims at Fibonacci targets, steps aside until a new base forms, and re-enters only when the uptrend resumes — avoiding long dormant periods.
Elijah K. Johnson's takeaways
- Top takeaway The host frames the discussion around silver's breakout above $90 amid geopolitical headlines (Venezuela, Greenland) and notes he's seeing elevated sell-backs at Miles Franklin, suggesting holders are taking profits.
- He draws parallels to silver's 1980 and 2011 spikes to prompt the guest's view on whether $50 now acts as a long-term floor.
Chris Vermeulen's takeaways
- Top takeaway The guest argues silver's next target is $106, the 100% Fibonacci extension (~16% upside from ~$91 spot at mid-January 2026), framing it as a FOMO-driven pop before a multi-month pause.
- He warns that if silver tops and breaks down, similar 50-70% pullbacks to 1980/2011 could bring it back toward ~$45, which he treats as a new long-term floor.
- He ranks gold #1 with a Fibonacci target of $5,170-$5,200 (~12% upside), preferring its lower volatility over silver's wild daily swings.
- He places platinum #3 at a ~$3,060 target (~26% upside), though he personally owns no platinum; his own allocation is ~60-65% silver, the rest gold.
- He remains long the S&P 500 short-term with another ~3-4% upside possible before a major sell-off he expects within roughly a month, then plans to rotate into cash/USD.