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Silver Prices Just Hit Their First Record Since 1980

1. Silver futures hit all-time highs at $50.13 per troy ounce. 2. A supply-demand imbalance has created a silver deficit since 2020. 3. Silver's 73% rise this year is driven by industrial demand. 4. Investors are hoarding silver amid inflation and geopolitical concerns. 5. Tariff threats threaten to exacerbate the supply-demand situation further.

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FAQ

Why Bullish?

Silver's sharp price increase reflects strong demand, making SPY bullish as tech sectors benefit.

How important is it?

Rising silver prices indicate strong industrial and tech sector health, impacting growth-focused ETFs like SPY.

Why Short Term?

The current trends suggest immediate price movements impacting SPY due to increased sector investment.

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