Sprott Physical Silver Trust

PSLV

Market cap $16.4B

The Amplify Junior Silver Miners ETF has outperformed silver futures during the recent correction, reflecting strong speculative and investment interest. Silver's technical breakout above its 1980 high established critical support, with prices remaining over $10 above that level despite a near 50% correction. SILJ boasts A+ Seeking Alpha grades for momentum, dividend, and liquidity but is marked down for risk and expenses due to sector volatility.

Key Takeaways While energy investments of all kinds have struggled amid conflict in the Middle East, uranium might offer a compelling long-term opportunity. Sprott Asset Management CEO John Ciampaglia noted that uranium's fundamentals remain sound, and that it remains far harder to substitute or replace than other metals investors tend to allocate towards.

Silver is entering its sixth consecutive year of a structural supply deficit, as global production fails to keep pace with the massive demand required for the clean energy transition and AI infrastructure.

Silver just handed PSLV investors a brutal reminder of what pure-play exposure actually means.

Gold has had a remarkable run in 2026, but silver has quietly done something more interesting over the past year.

Despite falling below $5,000 recently, it could be an opportune time to strike and purchase the dip in gold prices. Fundamental demand drivers could continue to push the precious metal higher through the rest of the year.

Gold and silver remain in a secular bull market, with recent pullbacks presenting attractive entry points for long-term investors. Structural demand-supply imbalances, particularly surging investment and central bank demand, underpin the bullish thesis for both metals. Investor allocations to gold and silver remain historically low, suggesting the trade is far from crowded and has significant upside potential.

TORONTO, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Silver Trust (NYSE: PSLV) (TSX: PSLV / PSLV.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical silver bullion, today announced that it has updated its at-the-market equity program to issue up to U.S.$2.0 billion of units of the Trust (“Units”) in the United States and Canada.

MoneyShow presents top investment ideas for 2026 from their contributors. This year's edition presents a mix of metals plays, financial stocks, deep value names, high-octane growth and tech stocks, and beaten-down REITs that offer solid income and turnaround potential. Part 8 of this series includes Rithm Capital, Sonoco Products, SPDR Portfolio Europe ETF, Sprott Physical Silver Trust, and Sprouts Farmers Market.

Silver has been on a tremendous bull run in 2026.