Sahil Kapoor
Sahil Kapoor

@SahilKapoor

4 Tweets Jan 10, 2023
Silver
-Is relatively cheaper than most precious metals including Gold
-Is benefiting from new age tech demand, especially EVs
-Demand > Supply
-Outperforms Gold in all precious metal bull market
-But has double the volatility vs Gold and therefore is a tactical play
Silver has also done very well in post recession recoveries. The uptrend usually coincides with the post slowdown phase.
Therefore accumulating silver during economic downtrend and price drawdown period works well.
Momentum is the best 'factor' to play silver.
Here is a demand and supply breakup of Silver.
Also unknown to many India, unlike gold, is not the largest consumer of Gold. US and China account for 1/3 of consumption.
Speculators are net short on silver. The last time they were short, silver enjoyed a massive uptrend on short covering.

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