EXCLUSIVE: Silver's Wild Swings Haven't Broken The Bull Market, Says Texas Precious Metals CEO

<p>Few commodities are as volatile as silver. After surging to record highs earlier this year, the metal experienced a sharp pullback that rattled investors and reignited debate about whether the rally had gone too far, too fast.</p>
<p>But according to Tarek Saab, CEO of Texas Precious Metals, the broader bull market in silver may still be intact.</p>
<p>"While we do not publish internal forecast, we remain structurally bullish as long as silver holds above prior resistance at $50," Saab told Benzinga.</p>
<h2>A Historic Breakout Level</h2>
<p>For decades, silver struggled to sustainably break above the $50 level — a price that acted as a ceiling during previous market cycles.</p>
<p>Don't Miss:</p>
<ul>
<li> <a href="https://www.benzinga.com/money/advisermatch?nid=51259633&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance">This 2-Minute Tool Matches Investors With Financial Advisors Based on Their Goals</a></li>
<li> <p class="yf-1fy9kyt">Put professional stock research to work in a single ETF —</p><a href="https://www.benzinga.com/money/motley-fool-etf?nid=51259633&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance">explore Motley Fool Asset Management's factor-based funds.</a></li>
</ul>
<p>Crossing that threshold, Saab argues, could represent a major technical shift.</p>
<p>"Internally, we see this breakout as representative of a new cyclical bull market," he said.</p>
<h2>Industrial Demand Adds Fuel</h2>
<p>Silver's appeal extends beyond its role as a precious metal.</p>
<p>The metal is widely used in solar panels, electronics, and other industrial applications — sectors that continue to expand alongside global electrification and technology investment.</p>
<p>Trending: You Saved for Retirement — <a href="https://www.benzinga.com/money/finance-advisors?nid=51259633&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance">But Do You Know What You'll Keep After Taxes?</a></p>
<p>That dual identity — part monetary metal, part industrial commodity — often amplifies silver's price swings.</p>
<p>For investors, the result is a market capable of dramatic rallies and equally sharp corrections.</p>
<p>But if silver can continue holding above its historic breakout level, Saab believes the long-term trend could still favor higher prices.</p>
<p>For investors seeking exposure to the metal, funds like the iShares Silver Trust have become one of the most widely used vehicles to track silver's price swings.</p>
<p>Read Next:</p>
<ul>
<li></li>
<li> <p class="yf-1fy9kyt">Designed for investors with strong market convictions,</p><a href="https://www.benzinga.com/money/rex-shares?nid=51259633&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance">REX Shares builds ETFs for income, leverage, and tactical positioning — explore the lineup.</a></li>
</ul>
<p>Image: Courtesy of Texas Precious Metals</p>
<p>UNLOCKED: 5 NEW TRADES EVERY WEEK. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9spja3yaad2&amp;utm_source=yahoo">Click now to get top trade ideas daily</a>, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.</p>
<p>Get the latest stock analysis from Benzinga:</p>
<p>This article <a href="https://www.benzinga.com/news/26/03/51259633/exclusive-silvers-wild-swings-havent-broken-the-bull-market-says-texas-precious-metals-ceo">EXCLUSIVE: Silver&amp;#39;s Wild Swings Haven&amp;#39;t Broken The Bull Market, Says Texas Precious Metals CEO</a> originally appeared on <a href="https://www.benzinga.com">Benzinga.com</a></p>