Silver Emerges as a Dark Horse Challenging Bitcoin, Gold, and the Dollar
Investor sentiment is fracturing as Bitcoin and gold dominate the spotlight, but MarketGauge’s Michele Schneider identifies an unexpected contender: silver. The metal’s rally toward $34/ounce—bolstered by technical indicators and industrial demand—signals a potential shift in traditional safe-haven hierarchies.
The gold-silver ratio dipping below its 50-day moving average hints at momentum building for the industrial metal. "Silver has been rallying hard," Schneider notes, emphasizing its dual role as both a monetary and industrial asset. While Gold remains the archetypal store of value, silver’s undervalued status and tightening supply could redefine its position in portfolios.