Gold's breakout suggests a potential 2-3 year run to $3,500, with silver likely following, potentially reaching $88 per ounce. Investing in silver miners is speculative and high-risk, with the potential for 500% returns if silver prices surge, but expect volatility. Aya Gold & Silver, Coeur Mining, Endeavour Silver, First Majestic Silver, Fresnillo Plc, Hecla Mining, Hochschild Mining, Pan American Silver, and SilverCrest Metals are my top picks.
Silver surges as Fed rate cut chances grow. Dollar weakness and geopolitical tensions boost silver's appeal.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
EDM Resources Inc (TSX-V:EDM, OTC:SWNLF) has inked a deal to sell a portion of its anticipated annual silver production from the Scotia Mine. A Letter of Intent (LOI) agreement with Silver Crown Royalties (SCRi) envisages the sale of approximately 7,000 ounces per year, covering the silver by-product from the Scotia mine's zinc concentrate.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Investing in silver is timely due to potential interest rate cuts and its value as a store of value, not just a safe-haven asset. SIL ETF offers exposure to the silver ecosystem through 40 companies, but has a higher expense ratio compared to SLV ETF. SLV ETF provides direct exposure to silver bullion with lower expenses and has historically delivered better long-term returns than SIL ETF.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Silver has bottomed at the critical junction and now looks higher towards the initial target.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.