Silver prices spike 332% during rate cut cycles, AI may be the next driver for silver demand – SilverStockInvestor's Peter Krauth
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Silver prices have historically spiked by 332% during rate cut cycles, and AI could be the next significant driver for silver demand, according to Peter Krauth of SilverStockInvestor.
November 26, 2024 | 9:30 pm
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The Global X Silver Miners ETF (SIL) could benefit from increased silver demand driven by AI, as silver prices have historically surged during rate cut cycles.
SIL, being an ETF focused on silver miners, is directly impacted by changes in silver prices. The historical trend of silver price spikes during rate cut cycles suggests potential gains. Additionally, AI as a new demand driver could further boost silver prices, benefiting SIL.
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