1Semana·

Silver is a critical raw material for the first time

Today we are not talking about rare earths in the commodities sector. Yesterday, the USA declared silver a critical raw material. This will give an additional boost to companies active in this sector in the USA.

Before anyone asks me, no, I am currently invested in silver apart from a long derivative on silver and in $PPTA (+1,29 %) I am not invested in this area.


Silver has been a "critical commodity" since yesterday. Specifically, the USA has placed silver, a classic precious metal, on the list of critical commodities for the first time. The list of critical minerals serves as a guide for the US government's strategy, capital deployment and approval procedures for domestic extraction, recycling and processing. The update is part of efforts to strengthen economic and national security by reducing dependence on foreign supply chains and accelerating production and innovation in the US.

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1Semana
The pieces of the puzzle are slowly coming together 😁
I've been long silver for some time with just under 3.5% of my portfolio.
There is still a lot of potential, especially if the 1980 and 2011 highs are broken 🚀
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1Semana
I have also heard about the classification. But it's not entirely clear to me what this means for the silver price.
Will there now be more investment in US mines, increasing supply and lowering prices?
Or will more silver now be hoarded in the USA, demand will increase and prices will also rise?

I have been invested for some time. Physically and for a few months now also with a smaller position in $3LSI. Cash is available for a quick top-up and is used again and again. 😉
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In what form are you invested in silver? ETF?
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@schlimmschlimm I have a derivative on silver long with a civilian leverage of just under 7 and a KO at 33$ UJ8JR8.
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@schlimmschlimm only physical
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@Multibagger would you say it is still worth getting in? it has been running hot so far
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@thewolfofgetquin Silver? In any case. Or do you mean silver mining shares?
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@Multibagger No no mines, also considering going long on silver with a 5-7 lever
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@thewolfofgetquin In any case, it's still worth it. But I would recommend taking a KO under 35$.
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@Multibagger okay great thanks 👍 I've taken the one now: HS5U7Z
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Precious metals only physically.
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@thewolfofgetquin which is very defensive, but perfectly OK for gaining experience with derivatives.
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@Multibagger yes, unfortunately scalable is the only one with a KO below 35$. but i also entered with 1.2k now
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Because of the silver price, I have therefore added $CDE to my portfolio... Is currently 70%+ within this year approx.
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@BockaufDividenden Yes, I also make mistakes. I sold them at around 45% + because I thought I could do better with other values.
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I have a 9 leverage on silver in my portfolio... So come what may 🤔🤫👍
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