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SIL
Benzinga
6 hrs

Silver Doesn't Have The Same Mojo As Gold Because Central Banks Don't Hoard It, Nassim Nicholas Taleb Says

1. Nassim Taleb notes central banks don’t hoard silver, unlike gold. 2. Silver outperformed gold in year-to-date performance, rising 74% versus gold's 55%. 3. Silver is more volatile, with a Beta of 1.4 compared to gold's 0.46. 4. Investment in silver via ETFs like SLV offers exposure without physical holding. 5. Taleb suggests being long on silver, despite its higher risk profile.

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FAQ

Why Bullish?

Silver's strong performance and Taleb's endorsement could encourage investor interest. Similar trends in past cycles led to price rallies in silver after notable endorsements.

How important is it?

The article brings critical insights directly relevant to investors in silver, particularly SIL. Taleb's acknowledgment of silver's potential reinforces market dynamics favoring its continued interest.

Why Short Term?

Immediate investor reactions to insights on silver may drive short-term price movements. Historical spikes in precious metal prices suggest that news can swiftly influence market sentiment.

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