๐๐๐Little did I know when I bought
$iShares Silver Trust(SLV)$ last year that it would go up like a rocket to the moon. Silver didn't just move - it surged. It shot up on industrial demand, on electrification, on solar, on EVs, on semiconductors, on medical tech and on every corner of our modern world that depends on it.
Silver also moved upwards on something deeper too: the slow erosion of trust in Fiat currencies, the debasement of US dollar and the instinctive human reach for real assets when the world feels uncertain.
Yes the long upper shadows on the chart hint at a breather. A near term correction wouldn't surprise me.
However none of that shakes the long term story of Silver. Not when the demand is structural , not when the supply is tight and not when Silver is becoming the essential metal.
I didn't expect SLV to run up this fast but I can see now why it did. This is just the beginning.
@CC on ETFs @Tiger_comments @Tiger_SG @TigerStars @TigerClub
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