The Rise of Silver: A New Metal in Town

Published On Mon Aug 26 2024

Silver Price Charts, News, & Analysis | Live Silver Rates

Silver Phoenix 500 is a leading research site for investing insights and commentary about silver and other precious metals. Silver Phoenix 500 provides real-time silver price charts, silver commentary, and the latest silver news.

Global Economic Shifts

The global economic landscape has undergone a seismic shift over the past few decades, with the outsourcing of jobs from the United States to India playing a pivotal role. This transformation has had far-reaching consequences for both nations, reshaping their...

The Rise of Silver

Move over, gold. There’s a new metal in town stealing the spotlight, and it’s none other than our trusty friend silver. While gold has been hogging all the attention with its recent price surge above $2,500, with headlines like “400 oz Gold Bars Now Worth $1 Million...

Industrial Demand and Market Trends

Industrial demand for silver has been surging in recent years. Solar panel manufacturers were largely behind the 11% jump in demand for 2023 versus the prior year. Forecasters predict another 9% jump this year. There's just been a significant change in the wholesale silver premiums.

Silver Market Outlook

The purpose of this update is to bring to your attention that silver is on the verge of commencing a massive unprecedented bull market which will “officially” kick off with it breaking above the key $30 level, which is important for reasons that will soon become...

Latest Updates and Analysis

Matt Riley of silver wholesaler EF Bullion reports on how silver is now being melted down to meet industrial demand. Our cycle indicator is DOWN. SILJ is on short term buy signal. Silver is on a long term BUY signal.

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Market Performance and Insights

The white metal’s performance has been really poor since it failed to hold above the $30 level. I had warned about this failure, so it didn’t come as a surprise to you. But even though silver has been in a rather short-term decline, there are still quite many voices...

Not surprisingly, Bitcoin has experienced significant market fluctuations over the last few weeks. While Bitcoin spent most of spring with a boring sideways consolidation, volatility has exploded in recent weeks. Hence, the exuberant ETF euphoria is gone and...