{"id":751,"date":"2026-04-19T20:20:23","date_gmt":"2026-04-19T17:20:23","guid":{"rendered":"https:\/\/thesilknews.com\/en\/?p=751"},"modified":"2026-04-19T20:20:25","modified_gmt":"2026-04-19T17:20:25","slug":"the-history-of-silver-the-future-of-the-borsa-istanbul","status":"publish","type":"post","link":"https:\/\/thesilknews.com\/en\/index.php\/2026\/04\/19\/the-history-of-silver-the-future-of-the-borsa-istanbul\/","title":{"rendered":"The History of Silver, the Future of the Borsa Istanbul"},"content":{"rendered":"\n
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Market manipulation isn’t just about driving prices down; it’s about pouring concrete over the price and suffocating investors there for years. Silver experienced exactly this process after its peak of $50 in 2011. Despite being the most critical raw material of the modern world, from green energy to artificial intelligence, physical demand wasn’t reflected in the price thanks to the massive pressure mechanism exerted by Western banks through derivative markets. When the gold-silver ratio exceeded 100 in April 2015, the market’s chemistry changed, and a tremendous rally in favor of silver began. After testing $28 during Trump’s liquidity crisis, silver became unstoppable once it crossed $34, its long-standing cost zone. After reaching its previous peak of $50, it surpassed the $50-$55 range within days. Considering the sluggishness of financial markets, this period is actually an extremely short time span, like the blink of an eye. Then, within a few months, it soared to $120.<\/p>\n\n\n\n

Same Movie, Different Actors: Borsa Istanbul<\/h2>\n\n\n\n

The reason I’m discussing silver is because the similarity in the Borsa Istanbul’s dollar-based chart is too clear to be a coincidence. Since its peak of $344 in 2024, the Istanbul Stock Exchange has been conducting a full-fledged “investor exhaustion” operation. In technical analysis, long-term sideways movements are the most dangerous psychological battlegrounds. In a falling market, small investors make it a national sport to reduce their costs by “averaging down.” However, a sideways market exhausts hope and forces investors to sell their assets for free at the slightest sign of profit. We are currently experiencing the same exhaustion zone that silver experienced between $28-34, in the $280-$344 range. The inverse head and shoulders (IHS) formation in the chart perfectly matches silver’s structure before the rally. Silver’s historical peak was $50; for the stock market, this figure is $500. Whatever path silver took to reach $120, the Istanbul Stock Exchange will follow the same path towards the $1200 channel resistance. Of course, it’s uncertain how many people will have the stamina to walk this path.<\/p>\n\n\n\n

The Ambusher’s Prosperity Is Not at $344, But at the Bottom<\/h2>\n\n\n\n

There’s a subtle strategic detail here. I’m not saying jump on the bandwagon after $344 is surpassed. On the contrary, I see the final market swings before the big breakout as an opportunity. I intend to take advantage of the retesting of the lower band around $280, waiting in ambush at the point closest to the start of the rally. With Money Market Funds (MMFs) currently providing a gross monthly return of 4%, there’s no reason to give up this comfort with an early move. The Borsa Istanbul may struggle within this band for a few more months before making a big breakout. Smart money is the money that quietly enters the market when everyone else is saying “it’s worthless.” I’m still carefully watching the process while sipping my tea in the comfort of my MMFs. The breakout I’m expecting will take months, not years.<\/p>\n\n\n\n

First the Mines Will Be Cleared, Then the Path Will Be Opened<\/h2>\n\n\n\n

We have a serious minefield ahead of us that needs to be cleared. The political tension between the ruling party and the opposition, the debates surrounding appointed administrators, and the legal controversies surrounding local administrations are weighing on the market. The dollar liquidity crisis I expect globally in June and beyond will create a serious shock in world markets. However, it’s important to note: the Borsa Istanbul is an index where the rate of foreign investment is already very low. Therefore, the impact of the major global collapse on our market will not be as profound as it will be on global markets. My expectation is that it will remain in the 280-330 USD range for some time. The period is approaching when everyone has lost hope in the stock market, and I will once again say, “I told you so.” <\/p>\n\n\n\n

Note: This is not investment advice<\/em><\/strong><\/p>\n\n\n\n

Legal Notice: All rights to the published column\/article belong to The Silk News. Even if the source is cited or an active link is provided to the article, the entire column\/article or any part of it cannot be published without using the name The Silk News.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Market manipulation isn’t just about driving prices down; it’s about pouring concrete over the price and suffocating investors<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[279,73,17,278,70,89,69,87,22,86],"class_list":["post-751","post","type-post","status-publish","format-standard","hentry","category-opinion-analysis","tag-borsa-istanbul","tag-dollar","tag-economy","tag-exchange","tag-gold","tag-market","tag-silver","tag-stock-market","tag-turkiye","tag-usd"],"_links":{"self":[{"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/posts\/751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/comments?post=751"}],"version-history":[{"count":2,"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/posts\/751\/revisions"}],"predecessor-version":[{"id":754,"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/posts\/751\/revisions\/754"}],"wp:attachment":[{"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/media?parent=751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/categories?post=751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesilknews.com\/en\/index.php\/wp-json\/wp\/v2\/tags?post=751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}