Amplify Junior Silver Miners ETF

SILJ

Market cap $4.76B

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

There has been a long-awaited narrowing of the performance gap between mega-cap tech and the rest of the market (particularly small caps). It hasn't happened - it's been a series of head fakes.

Geopolitical uncertainty and a continuation of last year's demand trends keep driving the price of silver to unprecedented heights so far in 2026. But how sustainable is the upward climb?

"We're remodeling a house while having to live in it," says David Stryzewski when referencing the state of markets and the economy. He believes the push for American manufacturing will be bullish long-term despite facing significant headwinds.

Bitcoin (BTC-USD) and Silver (SLV) have sharply diverged, setting up a contrarian long BTC, short SLV pair trade opportunity. SLV's recent 150–200% rally appears late-cycle, with realized volatility now exceeding BTC and risk/reward skewed negatively. BTC is gaining regulatory clarity and technical support, while SLV faces risks from margin hikes and substitution at high prices.

Silver (SLV) presents a compelling investment case into 2026, driven by structural supply deficits and surging industrial demand. SLV's supply constraints are unique, as 70% of silver production is a byproduct of base metal mining, limiting responsiveness to price increases. Industrial demand, especially from EVs and solar, is forecast to grow, with automotive silver demand projected at a 3.4% CAGR through 2031.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Nicky Shiels, head of research & metals strategy at MKS Pamp, discusses what's behind her $5,400 price target on gold this year.

Individual investors have been snapping up silver at such a pace it has turned into the most crowded commodity trade in the market, according ​to a report published on Thursday by Vanda Research.

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.