Peter Schiff: Silver prices rose over 35% in December, but silver stock ETFs lagged behind
According to Odaily, economist Peter Schiff posted on X stating that stock investors are in denial. This morning, the price of silver rose by $4, with gains exceeding 35% since December. However, the silver stock ETF (SIL) has only increased by 11% this month. Silver stocks have a high leverage effect on the price of silver, and given this trend, silver stocks should have doubled in December.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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