Big Investors Are Buying Silver & Banks are Accumulating Miners

July 8, 2025

I almost feel like the miners are in the same position gold was two years ago, and that was everyone and their mother is happy to get out, because it's rallied a little bit and someone else bigger is buying it. I don't know who the buyer is. It's probably the banks themselves. Probably short covering to begin with, but I don't think there's any shorts left. I think the banks are quietly getting long now. So if copper gets above this 520 area then that means all that selling is filled and now all the metals can link up again and move in tandem.

The Daily Gold

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Silver has the highest electrical conductivity and heat of all metals.

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