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  <title>Ted Butler: Silver Bull Run Not Over, Blow-Off Top Years Away</title>
  <description>Independent analyst Ted Butler shares his thoughts on where silver will go after running into triple digits and then pulling back. He expects a period of consolidation, but emphasized that the white metal's bull run isn't over. &amp;quot;A lot of this for me is the response from five years of fundamental deficits — this was a bullish case that was grounded in fundamentals that has since been taken to a new level by speculative interest,&amp;quot; he explained. &amp;quot;But at the same time, I maintain that we are still relatively early in how far this bull market can go.&amp;quot; This interview was filmed on March 2, 2026.&amp;amp;nbsp; 0:00 - Intro 1:25 - Blow-off top years away 4:25 - Opportunity in volatility 6:23 - Will silver be substituted? 7:22 - East vs. west demand 9:32 - Taking profits in silver 11:17 - Mexico and jurisdiction 15:39 - Silver manipulation 17:20 - Protecting against risk 18:51 - Outro &amp;amp;nbsp;  ________________________________________________________________&amp;amp;nbsp; &amp;amp;nbsp; Some links may be affiliate links. Investing News Network may earn a commission at no additional cost to you.&amp;amp;nbsp;  ________________________________________________________________&amp;amp;nbsp; &amp;amp;nbsp; The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence. </description>
  <author_name>Investing News</author_name>
  <author_url>https://investingnews.com/</author_url>
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