I completely agree - it’s set to have another incredible run along with Gold and Copper. Silver seems to react with more leverage though so higher upside.
Interesting perspective. Right now most bullion shops seem to be selling at or below spot from what I can tell. My local one is doing a special and selling up to 20oz at a time at $2 below spot price. Not sure we are there quite yet but we could certainly be getting closer to that soon
That’s a useful real-world signal. My sense is the physical market can still look soft locally even while the broader structural imbalance remains in place. I’d be more interested in whether those discounts persist if investment demand picks up again.
I completely agree - it’s set to have another incredible run along with Gold and Copper. Silver seems to react with more leverage though so higher upside.
Thanks! 😊 Indeed Silver is more volatile than Gold , so that applies to both the upside and the downside.
I hope you are right.
So do I 🤝 The view is data-driven, but markets always get the final say📊
Interesting perspective. Right now most bullion shops seem to be selling at or below spot from what I can tell. My local one is doing a special and selling up to 20oz at a time at $2 below spot price. Not sure we are there quite yet but we could certainly be getting closer to that soon
That’s a useful real-world signal. My sense is the physical market can still look soft locally even while the broader structural imbalance remains in place. I’d be more interested in whether those discounts persist if investment demand picks up again.