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Gustan Cho

Administrator

May 12, 2026 at 8:26 pm in reply to: What factors influence the price of gold and silver?

Price of silver skyrocketed yesterday, Monday, May 11th, 2026. What was the reason for the price of silver to skyrocket yesterday? Price of silver was staggering in the low to mid $70 dollar per ounce range for weeks and all of a sudden, BANG!!! Silver is trading bullish and surpassing the $86 dollar an ounce with strong momentum.

Silver prices jumped on Monday, May 11, 2026, as worries about supply shortages, global tensions, and active trading pushed the metal up nearly 7% in one day. It closed at $86.13 per ounce, the largest daily gain in both value and percentage since late February.

Several key factors drove this sharp price increase:

2. Geopolitical Factors: Rising global tensions, including conflicts in Iran and Trump’s visit to China, led more investors to seek safe-haven assets like silver.

3. Supply Disruptions: The silver market faces growing uncertainty about long-term supply, with only small increases in mine output and recycling. The Silver Institute reported that investment demand should rise in 2026, but supply growth will likely remain flat.

4. Technical Trends: Silver has risen for six weeks in a row and now trades above its main downtrend line. Breaking this line last Wednesday sparked a three-day rally, bringing silver within 1% of its April high of $83.04.

5. Increased industrial demand

Silver has become more attractive as demand rises from technology and green projects, especially in solar energy. Its use in solar technology has added to its value. This surge happened during a period of strong demand in 2026. Forecasts now expect silver prices to rise even more than the earlier 25% rally, fueled by global uncertainty and steady demand from 2025. The market’s reaction on May 11 was part of this ongoing rally.

Is there anything else you’d like to know about silver prices?

Silver Price Forecast: Silver Jumps 7% in One Day—Will It Reach a New Record High?

Best Day In Months As Price Surges 7%

The Factors Driving Silver’s Rise

Market Overview: Silver prices may be recovering.

Current silver price as of Monday, May 11, 2026

Silver prices are already up 25% in 2026. Can they keep climbing?

https://www.youtube.com/watch?v=5Gi39RK97dI

Gustan Cho

Administrator

May 12, 2026 at 2:08 am in reply to: Credit report

LOAN OFFICER TRAINING-HOW TO RE-ESTABLISH CREDIT FOR MORTGAGE APPROVAL

The EASIEST AND FASTEST way to re-establish and boost your credit scores to qualify and get approved for a mortgage is the following:

1. Family member, or close friend to add you as authorized user if the main credit card user has the following:

Credit Card Payment History has been timely.

The credit card utilization (balance compared to credit limit) is and will always be under 30%.

The main card holder does not have to give the authorized user a physical credit card thereby minimizing risk of abuse and/or fraud.

2. Get three secured credit cards with at least $500 credit limit. Make sure that the secured credit card you get reports to all three credit bureaus. If you are married, have your spouse get three or more secured credit cards. Add each other as authorized user for a total of six credit tradelines: The best secured credit cards to get are the following:

Capital One

Discover

Open Sky

3. Open two credit rebuilder accounts. Self.Inc is highly recommended. Self.Inc is a financial instituion where you open a savings account with a monthly amount you feel comfortable making a depost: The amount can be $25 dollars or more. The amount you depost each month is reported as an installment loan on the credit bureaus. After your fourth month, Self.Inc will issue you a secured card equivalent to your balance in your account. The credit limit will increase as time pass and your balance on your account increase. After 12 months, Self.Inc will hold the balance of your account as an interest bearing depository account or you may request the money sent to you. The secured credit card then converts to an unsecured credit card. Many banks and credit unions offer credit rebuilder accounts.

Recommended blogs and guides:

1. https://gustancho.com/rebuild-credit-for-mortgage-approval/

2. https://gustancho.com/authorized-credit-card-user/

gustancho.com

How To Rebuild Credit For Mortgage Approval

The fastest and easiest way on how to rebuild credit for mortgage approval and boost you credit scores is getting three secured credit cards

Gustan Cho

Administrator

May 12, 2026 at 1:39 am in reply to: Credit report

Jimmy,

Folks who are interested in buying a house and getting qualified and approved for a mortgage do not need to hire a credit repair company. Credit repair companies can do more damage than good. Borrowers can have derogatory credit such as late payments, outstanding collection accounts, charge-off accounts, repossesions,tax liens, judgments, wage garnishments, bankruptcy, foreclosure, deed-in-lieu of foreclosure, and short sale. You can get a mortgage loan approval with collection accounts and charge off accounts without paying it off. You can qualify and get approved for a mortgage loan with tax liens and outstanding judgments which we will cover in a separate thread of GCA Forums. You can qualify and get approved for a mortgage loan with wage garnishments, child support, alimony payments. You can qualify for a mortgage loan with a barnkruptcy and/or a housing event (which we will cover on a separate thread on GCA Forums). All of the above will not deter you from qualifying for a mortgage loan if and only if you have timely payments in the past 12 months. The automated underwriting system (AUS) and mortgage lenders will take into consideration your past payment history BUT is more concerned with your payment history in the last 12 months. You payment history in the past 12 months is often crucial for you to get a mortgage loan approval. If you have outstanding collections, late payments, charge off accounts, repossessions and other derogatory credit items on your credit scores, the best way to rebuild your credit and boost your credit scores is with new credit. I will list the quickest and easiest ways to rebuild your credit and boost your credit scores to qualify for a mortgage loan:

1. https://gustancho.com/boost-your-credit-with-new-credit/

2. https://gustancho.com/using-secured-credit-cards/

3. https://gustancho.com/how-credit-disputes-affect-mortgage-process/

4. https://gustancho.com/credit-repair-during-mortgage-underwriting/

5. https://gustancho.com/how-credit-repair-works/

gustancho.com

Boost Your Credit With New Credit To Qualify For A Mortgage

Boost your credit with new credit to qualify for a mortgage . New secured credit cards and credit builder loans increases credit scores for mortgage

Gustan Cho

Administrator

May 11, 2026 at 3:54 am in reply to: On-Page SEO

Google’s increasingly aggressive crackdowns and harsher core updates are significantly impacting Local SEO and AI search professionals. Medium to Small Businesses are experiencing major traffic losses due to these changes, often without understanding the cause. This situation necessitates a strategic adaptation to the new landscape, focusing on content adjustments and off-site brand mentions to mitigate the effects of Google algorithm shifts and stay ahead of AI updates in search. Lily Ray ‪@amsive‬ joins us to break down why small to medium businesses are being hit the hardest by Google and provides a strategic roadmap for content adjustments, brand mentions, and surviving the shift

https://youtu.be/-pUMNtq8Bp0?si=GPDJz4wPKnHpkGmB