We have actively managed a gold allocation over the last 18 months through holding Newmont, Northern Star, and the ETFs. This has resulted in over 80% profits in the sector and kept us safe in times of high volatility.
Having a high holding in gold has now run its course to an extent to we are recommending a switch of half of our Gold holding to Silver via the ETPMAG ETF (physical Silver)
And the other half to Northern Star NST:ASX. Newmont has now outperformed the other by 13% in the last week and is a Sell vs buying Australian based miner, Northern Star
Trade:
Sell Newmont for 30%+ Profit
Switch half – Buy Physical Silver ETF ETPMAG:ASX
Switch half – Buy Northern Star NST:ASX
Silver: High Volatility with Dual Demand Drivers
Key Drivers of Demand:
- Industrial demand: Critical for solar panels, EVs, and electronics, providing a floor for prices even during economic downturns.
- Safe-haven appeal: Often outperforms gold percentage-wise during crises but with higher volatility.
Overlapping Geopolitical Risks:
- Resource nationalism in Mexico and Peru threatens supply (45% of global production).
- Geopolitical instability in key producers (Mexico, Bolivia) coincides with rebounding investment demand.
Price Outlook: 2025 Forecasts
Consensus Forecasts: Most institutional and independent forecasts for 2025 are bullish, with price targets generally ranging from $33 to $40 per ounce. Some independent analysts and research firms have more optimistic projections, suggesting silver could test or even surpass $50 in 2025 if certain market conditions align.
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.