Why Silver Doesn't Have The Same Mojo As Gold - iShares Silver Trust (ARCA:SLV)

Nassim Nicholas Taleb took to X to highlight a key distinction between silver and gold: central banks don’t hoard silver.While both metals have been rallying this year, gold’s status as a central bank reserve asset gives it a unique position in the financial landscape. However, “it is a good idea to be long silver,” said Taleb.Track the silver-tracking SLV here.Central Banks’ Preference for GoldCentral banks have historically favored gold over silver due to its established role as a reserve asset. Gold’s li ...