With the price of silver up 25 percent through the first six months of 2025, investment demand has surged. However, U.S. investors have not hopped on the bandwagon – yet.
The inclusion of silver on the list of critical minerals underscores the growing importance of the metal and could signal worries about the lack of domestic supply.
If the outcome is a sharp economic slowdown or recession, Treasury yields will fall significantly, and that would propel gold to $4,000+ and silver to $60+.
Silver briefly touched $40/oz before consolidating around $38. Morgan welcomed this “stair-step” pattern, arguing it’s healthier than a parabolic surge.
The bottom line is that gold and silver have been valued throughout most of human history, and of course, it is still valued today. People all over the world will accept gold and silver, even if they don’t want dollars, euros, or yuan.
