iShares Silver ETFSLVSELLApr 12, 2013Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
Inflation hedge, but also a great degree of industrial and economic sensitivity. That's what we're seeing in the price in the last few days. When the gold:silver ratio spikes, which it is now, that's a recessionary indicator. Silver is harder right now.
If he's up right now, he's keeping it on a short leash. If he wants to expand his exposure, he wants to see follow through in the markets first. If we are heading into a full-blown recession, silver goes a lot lower.
Normally silver does okay right around January/February of each year but not so much this year. Had a big negative influence based on what’s happening with gold. Technically it is on a downward trend and below its 20 day moving average and underperforming the S&P 500.