U.S. sanctions and Trump’s tariffs are forcing global central banks to ditch U.S. treasuries for gold, the dollar is entering a structural decline, and a coming economic slowdown could pull the S&P 500 down to the low 4,000s.
Among ETFs with over $1 billion in assets, three funds are leading the pack when it comes to returns in 2025. Precious metals are what they have in common.
The Gold/Silver ratio since March 2021(then 66x) has climbed up and away from its century-to-date average which today is 68.7x versus the actual ratio now of 87.8x.
As we head into a period of heightened market uncertainty, these assets maintain solid technical foundations, presenting attractive prospects for investors with a steady, long-term outlook.
In 2023, the silver market charted a structural deficit of 184.3 million ounces. The projection is for an even larger supply shortfall this year in the neighborhood of 215 million ounces.
Stocks enjoyed a decent day as tech and semiconductors led the crowd to the upside. Gold hit new all-time highs and silver surged, which is just more confirmation that we’re on the right track to be bullish here.
At midday on Thursday, Wall Street was showing slight gains, with small caps leading the charge. The Russell 2000 index surged 1.2%, outperforming large-cap indices in a notable rebound.
Notably we cite the hilarity of the FinMedia & Herd hysteria. This past Monday’s sel-off underscored the stock market’s otherwise quintessential condition of complacency, courtesy of the “We Never Go Down Dept.”:
Gold made a “FATH”: Faux All–Time High, per the so-called “continuous contract” indeed eclipsing the much sought milestone of 2500 toward trading as high as 2523 before settling out the week on Friday at 2486.
Silver Miners ETF (SIL) is a financial product designed to mirror the performance of silver mining companies. In this article, we will look at the Elliott Wave outlook for the ETF.
