Investment thesis
Welcome to Orchid's Silver weekly report, in which we wish to deliver our regular thoughts on the silver market through the Aberdeen Standard Physical Silver Shares ETF (SIVR).
SIVR has traded sideways over the past week, reflecting a stronger dollar and weaker expectations for silver industrial demand as fears over economic growth in China prevail.
However, we think that macro fears are likely to abate and authorities are likely to maintain easy financial conditions to support economic growth. As a result, investors are likely to jump back in on the long