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Benzinga
5 days

Silver's $35 Breakout: The Best ETFs For The Bullish Ride

1. Silver breaks above $35 for first time in 14 years. 2. Potential rally reminiscent of 2011's near-$50 spike. 3. Industrial demand and tight supply bolster current bullish sentiment. 4. Silver prices could increase further due to sustained deficits. 5. Junior silver miners like SILJ offer high-reward opportunities.

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FAQ

Why Bullish?

The recent breakout and historical parallels indicate strong upward momentum for silver prices.

How important is it?

The article discusses silver's bullish outlook, directly influencing SIL's investor sentiment and potential trading.

Why Short Term?

Strong current momentum suggests immediate price increases, but volatility may ensue.

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