Jim Cramer Warns Silver Is 'Overvalued' As Peter Brandt Explains Why Your 'Supply Shortage' Narrative Might Be Dead - Global X Silver Miners ETF (ARCA:SIL), Amplify Junior Silver Miners ETF (ARCA:SILJ
Benzinga·2026-01-30 09:48
Silver prices are retreating from a historic peak after two of the most prominent voices in finance issued a stark reality check to investors riding the white metal's parabolic surge.The Peak And The PivotOn Jan. 29, silver reached a staggering all-time high of $121.6700 per ounce. However, the euphoria was short-lived.By Jan. 30, the market witnessed a sharp correction, with silver spot prices falling to $108.8400—a drop of 5.90%, as of the publication of this article.This sudden $6.82 slide coincided with ...