It’s a mix of things. Global insecurity. Yes, lower dollar, as well. A lot of tech uses silver. But yeah, overall I am buying an ETF called GLTR. It hold 70% gold, 20% silver and some platinum and palladium. I am keeping this for at least a few more months. The run up in precious metals is not done.

Not just silver, all precious metals spike.
It’s dollar that worth less

Silver is skyrocketing because I sold my silver bullion in December 2024. That's why. lol

Something about China and imports. Or exports. I dunno but my CDE stock is up over 230% from when I acquired it.

Anonymous wrote:people are dumb and nobody knows what is happening

I mean people, both retail and institutional, can see what’s going on. They are buying defensive assets like gold and silver. Can you imagine why? Also, a lot of tech uses silver.

people are dumb and nobody knows what is happening

For many reasons, the main one being that India decided to formalize silver as bank collateral, which gave it an enormous boost as a security. Indians are leading the rush to silver.

Gold went up so fast, people just decided to jump on silver.

Can someone succinctly explain what is going on with silver prices? I am not a silverbug but I do like to collect the occasional piece of Georgian or American coin silver and prices have skyrocketed in the last few months. Is this a bubble that will crash? Seems like it, but naysayers online think differently, but I also know all bubbles have naysayers. What is really driving this massive run up in silver seemingly overnight?