Still Long Silver
The case for silver in 2025 is relatively simple.
Yes, silver had a great 2024 (34% ytd as of writing December 10th, 2024), but we think the fundamental case is improving, rather than weakening.
To review the fundamental logic here, despite the huge run-up:
Silver remains historically 'cheap' compared to gold.
This is largely due to losing its legacy as 'm…
