Chasing Record Gold Prices? Don't Forget Silver: Why it's a Buy
While gold holds the precious metals spotlight with its impressive market cap and recent price surge, silver appears poised for a significant resurgence.
Silver's Options Sizzle: Are Traders Betting on a Breakout?
A notable wave of trading activity swept through several silver-linked assets in early June. Investors saw a significant jump in call option volumes for multiple silver-related equities.
SLV Vs. SIVR: I Prefer SIVR After U.S. Credit Rating Downgrade
The recent U.S. credit rating downgrade is a long-term catalyst for silver, making me feel more bullish on both iShares Silver Trust ETF and abrdn Physical Silver Shares ETF. Historically, both SIVR and SLV funds have demonstrated a strong negative correlation with the dollar index. I expect this negative correlation to support higher silver prices as the dollar index faces pressure.
SLV: Not Gold, But It's Been Glittering
Silver's dual role as a precious metal and industrial commodity makes its price influenced by inflation, real interest rates, and industrial demand. Rising inflation and negative real interest rates boost silver's appeal, while a strong USD and high real rates can weigh it down. Industrial demand, especially in high-tech and green energy, is a long-term driver, with supply constraints adding to the bullish outlook.
SLV silver ETF rises, but a head and shoulders point to a crash
The iShares Silver Trust (SLV), the largest silver-affiliated ETF, has been in the green for 6 out of the past 9 weeks. On Monday, it held steady above the crucial support zone of $28.00 to trade at $28.91 as at the time of writing.
The Big 3: META, SLV, XLV
Meta Platforms (META) reports earnings after the closing bell, and @Theotrade's Don Kaufman is bearish on the Mag 7 company. He thinks Meta's significant run higher could end as Don expects its report to underdeliver.
SLV: Hedging Against Global Debt And Contagion Risks
SLV and the precious metals markets may provide a hedge against the excessive issuance of government debt in China, Japan, and the U.S. Rising government debt in major economies is a bullish catalyst for the trade in the silver market. Silver transitioning from laggard to the gold trade.
SLV ETF stock: What next for the flagship silver ETF?
The iShares Silver Trust (SLV) has crashed by over 17% from its highest level in 2024 and is nearing a bear market. It has dropped to $26, its lowest level since September 11 last year.
SLV ETF outlook: will the silver price rise or fall in 2025?
The iShares Silver Trust (SLV) had modest returns in 2024 as gold and silver became some of the top-performing commodities of the year. The SLV ETF rose by 24%, making it one of its best years in a long time.
Here's why Silver's bull run hasn't even started
Silver has been on a historic bull run for the last two years — at press time, the precious metal is trading in close proximity to a 12-year high. The gray metal has, notably, outperformed gold in that timeframe — buoyed by both high demand and its increasing popularity as a store of value.
Is it too late to buy Silver as it hits 12 year highs?
Silver is in the midst of a vigorous bull run, having even outperformed gold by some 6% year-to-date (YTD). At press time, the precious metal is trading at $34.45 per ounce — a 12-year high.
ChatGPT-4o predicts Silver price for end of 2024
Precious metals have seen quite the returns in 2024 — silver, in particular, has been in one of its hottest bull markets of all time, hitting a 12-year high of $33.71 per ounce on October 19, after surging by 7.3% over the course of the trading day.
