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<blockquote data-quote="Maddog" data-source="post: 465190" data-attributes="member: 5355"><h3>Silver Breaks $40 for First Time Since 2011</h3>Silver broke above $40 an ounce Monday, <a href="https://www.fxstreet.com/news/gold-and-silver-rally-ing-202509020919" target="_blank">breaking out to a 14-year high</a>. With a 40% gain year-to-date, silver is leaving gold in the dust as investors bet on imminent Fed rate cuts. The metal briefly touched $40.79 before consolidating, with futures markets pointing to continued strength. The momentum is real — ETF holdings rose for the seventh consecutive month, reaching 800 million ounces in August. That’s the longest buying streak since 2020, suggesting institutional investors are positioning for a sustained move higher.&nbsp; What’s driving this rally? Silver’s unique position as both an industrial workhorse and a monetary metal makes it a winner whether the economy accelerates or seeks shelter. The gold-to-silver ratio has compressed from 104 in April to just 85, signaling silver’s relative outperformance may have further to run. I want to be just like Lunk.But instead of Covid it will be gold/silver.[USER=217]@lunkerslayer[/USER]</blockquote>

[QUOTE="Maddog, post: 465190, member: 5355"] [HEADING=2]Silver Breaks $40 for First Time Since 2011[/HEADING] Silver broke above $40 an ounce Monday, [URL='https://www.fxstreet.com/news/gold-and-silver-rally-ing-202509020919']breaking out to a 14-year high[/URL]. With a 40% gain year-to-date, silver is leaving gold in the dust as investors bet on imminent Fed rate cuts. The metal briefly touched $40.79 before consolidating, with futures markets pointing to continued strength. The momentum is real — ETF holdings rose for the seventh consecutive month, reaching 800 million ounces in August. That’s the longest buying streak since 2020, suggesting institutional investors are positioning for a sustained move higher. What’s driving this rally? Silver’s unique position as both an industrial workhorse and a monetary metal makes it a winner whether the economy accelerates or seeks shelter. The gold-to-silver ratio has compressed from 104 in April to just 85, signaling silver’s relative outperformance may have further to run. I want to be just like Lunk. But instead of Covid it will be gold/silver. [USER=217]@lunkerslayer[/USER] [/QUOTE]

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