Silver, Metals Could Set Multiyear Highs in 2026 - The best January for silver in our database since 1950 was 27% in 1983, until now, raising up-too-much risks. At the Jan. 26 $117.70 high, silver rose 64% in 2026. The so-called "devil's metal" ended 1983 down 18%, and I see parallels. ETFs didn't exist when silver peaked near $50 an ounce in 1980. Today, with 843 million ounces held, total silver ETF holdings represent roughly a year's worth of mining supply -- and they're liquidating. ETF holdings of silver are down 2.4% in 2026 as of Jan. 27, appearing consistent with prudent profit-taking. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t9kmu7kip3id {BI COMD} #silver #gold #metals @markets(Mike McGlone)