This letter is Peter’s key contribution to the Maven world and it is a welcome one. Silver is a world unto itself, with its own equity metrics, macro forces, and dedicated investors. Silver also usually outperforms gold in a bull market. For all of those reasons, silver deserves its own newsletter – and until SSI no such newsletter existed! Peter covers the whole silver spectrum, from physical to major miners to junior explorers.
The Fed’s about to cut rates. Inflation remains high. There will be pressure to keep rates low to service debt. The dollar will remain weak – all bullish drivers for silver.