Silver’s volatility index (SILV-VIX) rose to 22.4, reflecting heightened speculative interest. Investing in silver under high volatility can offer tactical trading opportunities for short-term momentum strategies. In October 2023, he posted on X: “Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop, gold $3,700 … Silver from $23 to $68 an ounce.” (3) Three ETFs are classified as silver miners, according to ETF Database: Global X Silver Miners ETF (SIL), iShares MSCI Global Silver & Metals Miners ETF (SLVP) and Amplify Junior Silver Miners ETF (SILJ). Industrial demand for silver in the EV battery sector surged 8% year-over-year, reinforcing the commodity’s dual role as a monetary and industrial asset. Investing in silver under these fundamentals positions traders for medium-term gains.