No qualifying author-owned investment thesis was confirmed in this post.
Observation of price move and market structure without a clear directional trade or rationale for the author's own position.
Score740
Comments146
▶ Full Post Text
\-22% today
\-50% from all time high
\- YTD - it has erased all its gain
Silver just delivered one of its worst weeks in recent history. The iShares Silver Trust (NYSE:SLV) plunged 22% today to around $61$ erasing months of gains in just five trading days.
The speed and severity of the collapse has retirees asking whether this represents a rare buying opportunity in precious metals or a warning sign that commodity exposure doesn't belong in retirement portfolios
The irony? Despite paper silver cratering, the physical market told a different story. Analysts noted the futures market remained in backwardation, meaning immediate delivery prices exceeded future contracts. That suggests real scarcity, even as the ETF hemorrhaged value.