Wall Street Mav|Jan 09, 2026 16:12
Silver and Gold are back at it today.
Silver is back up to $80 and Gold is above $4,500 ... both in rally mode.
The Fed is shifting into easy money mode.
Silver is up way more than gold percentagewise. Silver has the addition issue of a supply crunch due to massive industrial demand and silver mines being unable to meet that demand.
Globally the annual demand for silver is 1.2 billion oz per year, but mines only produce 820 million oz (globally) and recycling silver is only 190 million oz per year. So the supply deficit of approximately 200 million oz per year is continuing to drain above ground reserves.
Two stocks I like are silver miners that can grow their silver production in the coming years.
Aya (US ticker AYASF, Canada AYA)
Silver X (US ticker AGXPF, Canada AGX)
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