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Kiyosaki Predicts 5x Silver Boom: These 4 ETFs Could Be Geared For Gains
Benzinga· 2025-09-29 18:25
Core Insights - Silver prices have surged, crossing $46 per ounce, the highest level since May 2011, leading to increased attention on related ETFs [1][3] - The iShares Silver Trust (SLV) and abrdn Physical Silver Shares ETF (SIVR) are the largest and most liquid options, while Global X Silver Miners ETF (SIL) and Amplify Junior Silver Miners ETF (SILJ) offer leveraged exposure to mining stocks [2] ETF Performance - SLV, SIVR, SIL, and SILJ have shown respective increases of 1.9%, 2%, 2.5%, and 3.2% as silver prices rise [1] - The recent rally has resulted in a 7% increase in silver prices for the week, marking the best performance in nearly three months [3] Market Drivers - Industrial demand for silver is rising due to its use in solar panels, electric vehicles, and electronics, while mining output has not kept pace, leading to a supply squeeze [5] - Central banks are increasing their silver reserves, highlighting its role as a hedge against inflation [5] Investor Sentiment - Robert Kiyosaki, author of "Rich Dad, Poor Dad," has expressed bullish sentiment on silver, suggesting a $100 investment could quintuple in a year [4][5] - The convenience and liquidity of SLV and SIVR make them attractive to ETF investors, while SIL and SILJ cater to speculators seeking higher risk and reward [6] Volatility Considerations - Silver's historical volatility is noted, with the potential for dramatic corrections despite current bullish sentiment [7]
Gold price today, Friday, September 12, 2025: Gold creeping closer to $3,700
Yahoo Finance· 2025-09-08 11:57
Group 1: Gold Price Trends - Gold futures opened at $3,672.80 per ounce on Friday, reflecting a 1% increase from Thursday's close of $3,636.90, and reached a high of $3,695.50 that morning [1][2] - The current price of gold has increased by 2.9% from the opening price of $3,567.80 one week ago and has risen 9.4% over the past month from $3,356.20 on August 12, 2025 [3] - Year-over-year, gold prices have surged by 45.2% from the opening price of $2,529.10 on September 12, 2024 [3] Group 2: Market Influences - Gold prices did not react significantly to a higher-than-expected Consumer Price Index report for August, which showed a 0.4% increase after a 0.2% rise in July [2] - Despite inflation concerns, investors anticipate the Federal Reserve will lower interest rates next week due to a weakening employment situation in the U.S., which could further drive gold prices higher [2] - Lower interest rates enhance gold's attractiveness compared to cash and fixed income, while its status as a safe-haven asset increases demand during price rises [2] Group 3: Investment Opportunities - Costco has begun selling gold bars, silver coins, and platinum bars, providing a convenient option for investors looking to diversify their wealth [5][6] - The club store first introduced gold bars in 2023, followed by silver and platinum, with all three precious metals showing substantial price increases in 2025 [6] - Analysts remain bullish on gold, with Goldman Sachs predicting a price of $3,700 per troy ounce by year-end 2025, representing a 40% increase from the January 2 opening price of $2,633 [10]
A-Mark Precious Metals Sets Fiscal Fourth Quarter and Full Year 2025 Earnings Call for Tuesday, September 9th at 4:30 p.m. ET
Globenewswire· 2025-08-25 20:05
Core Viewpoint - A-Mark Precious Metals, Inc. will hold a conference call on September 9, 2025, to discuss its fiscal fourth quarter and full year results for the period ending June 30, 2025 [1] Company Overview - A-Mark Precious Metals, Inc. is a fully integrated precious metals platform founded in 1965, offering a variety of bullion and numismatic products to wholesale and retail customers [4] - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [4] Wholesale Sales & Ancillary Services - This segment distributes and purchases precious metal products from various mints, including the U.S. Mint, and sells over 200 different products to various customers [5] - A-Mark also provides managed storage options and logistics services for precious metals [6] Direct-to-Consumer Segment - A-Mark operates as an omni-channel retailer through subsidiaries like JM Bullion and Goldline, targeting specific niches within the precious metals market [10] - The company utilizes various marketing channels, including television and online platforms, to reach investors and collectors [10] Secured Lending Segment - The Secured Lending segment is operated through Collateral Finance Corporation, which provides loans secured by bullion and numismatic coins [11] Conference Call Details - The conference call will take place at 4:30 p.m. Eastern time, with access available via a U.S. dial-in number and an international number [2] - A replay of the call will be available after the event through specific toll-free and international numbers [3]