Investment thesis
Welcome to Orchid's Silver weekly report, in which we wish to deliver my regular thoughts on the silver market through the Aberdeen Standard Physical Silver Shares ETF (SIVR).
SIVR rebounded well into the end of October, although the window was too narrow for SIVR to hit our target of $19.00 per share. Nevertheless, the performance of SIVR in October is decent, at +6%.
The case for a stronger SIVR remains intact - safe-haven demand will continue to grow in the coming months because investors seek protection against a future a correction in global