Tunnusluvut
Riskitaso
?
Korkea: 6 / 7
Huomioi, että vaikka osakerahastoihin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Tunnusluvut
- Juoksevat kulut1,40%
- OmaisuusluokkaOsake
- KategoriaSektori arvometallit osakkeet
- PerusvaluuttaEUR
- Lainoitusaste70%
- Avaintietoasiakirja
Tietoa rahastosta
The focus is on Global Precious Metal Mining Company with a special focus on transferable securities whose value development is affected by the market development for Silver.
Vastaavan tyyppisiä rahastoja
Omistukset
Päivitetty 31.5.2026
Jakauma
- Osakkeet95,8%
- Muut3,5%
- Lyhyt korko0,7%
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
8 t sitten8 t sittenSilver Into Year-End 2026: Bear, Base and Bull Case Silver has fallen from its January peak near $121/oz to around $65/oz today, but the underlying market remains in its sixth consecutive year of structural deficit. Rather than focusing on a single price target, it may be more useful to examine the scenarios that could drive silver through the remainder of 2026. Bear case ($45–65/oz) A stronger U.S. dollar, fewer Fed rate cuts, weaker industrial activity and continued silver thrifting in the solar sector could keep pressure on prices. If geopolitical tensions continue to ease and investment demand fades, the market may focus more on rising recycling volumes and stable mine supply than on the physical deficit itself. In this scenario, silver remains volatile but struggles to regain momentum. Base case ($75–90/oz) This remains the most likely outcome in my view. The global silver market is expected to post a sixth consecutive annual deficit, while demand from electrification, grid expansion, AI infrastructure and investment remains supportive. Industrial demand may soften in some sectors, but persistent supply tightness and recurring geopolitical uncertainty could keep silver trading above current levels. This broadly aligns with forecasts from major institutions such as JPMorgan and Commerzbank. Bull case ($100–165+/oz) A combination of Fed easing, a weaker dollar, renewed investor inflows and worsening supply shortages could push silver back above $100. Additional geopolitical shocks, mine disruptions or stronger-than-expected physical demand could amplify the move. After six years of deficits and significant drawdowns of above-ground inventories, the market may be more sensitive to supply shocks than many investors realize. The key point is that all three scenarios start from the same foundation: the silver market remains structurally undersupplied. The real debate is not whether a deficit exists, but how much geopolitical risk, monetary policy and investment demand the market chooses to price on top of it. Question for investors: Do you see the structural deficit as the primary driver for silver going forward, or is geopolitics still the dominant catalyst? Not investment advice. This reflects my personal analysis and market view. Sources • Silver Institute, Global Silver Investment Outlook 2026 https://silverinstitute.org/global-silver-investment-to-remain-strong-in-2026-against-the-backdrop-of-a-sixth-consecutive-annual-market-deficit/ • Reuters, Silver faces sixth year of deficit with stock drawdown raising squeeze risks (15 April 2026) • Reuters, Rising investment to keep global silver demand steady in 2026 (10 February 2026) • Kitco, Silver market faces another deficit in 2026 as volatility and investment demand shape outlook • World Silver Survey 2026 (Silver Institute / Metals Focus) https://www.silverinstitute.org • JPMorgan Global Research, Silver Outlook 2026 https://www.jpmorgan.com/insights/global-research/commodities/silver-prices- 18 t sitten18 t sittenHow Both Iran and the US Bend the Rules in the Hormuz Standoff Markets cheered the peace deal last week, but both sides are still operating with considerable room outside what's formally agreed. Iran leans on its shadow fleet: tankers switch off AIS transponders and transfer oil ship-to-ship in international waters, allowing Iranian crude from Kharg Island to still reach China despite sanctions. The cost is rising, though — the spread to Brent has widened from roughly one dollar to nearly eight dollars per barrel over the past year, as middlemen demand ever-higher risk premiums. The US, meanwhile, enforces selectively. The Navy has boarded stateless tankers like M/T Tifani after ship-to-ship transfers from Iran to China, while other China-linked vessels, such as "Rich Starry" (owned by sanctioned operator Shanghai Xuanrun Shipping), have been allowed through Hormuz during an active blockade. Trump has also used fees as a bargaining chip — no "tolls" for the next 60 days, but leaving the door open to impose them later. Iran is doing the same through its new port authority, PGSA: free insurance today, with stated room to add fees down the line. Both sides therefore have built-in incentives to keep the system murky — Iran to secure revenue, the US to retain flexibility. SEB chief analyst Bjarne Schieldrop notes the deal is far from "watertight." Question for discussion: How much of today's oil price calm reflects the deal actually holding — and how much simply reflects that neither side has tested it yet? Not investment advice, just my own analysis. Do your own research before making investment decisions. Sources: - https://geopolitika.no/hvordan-iransk-olje-nar-kina-til-tross-for-sanksjonene/ - https://www.foxnews.com/politics/us-interdicts-stateless-sanctioned-tanker-sailing-iran-china - https://www.nrk.no/norge/usa-blokkerer-hormuzstredet_-skip-matte-snu-1.17845634 - https://e24.no/energi-og-klima/i/n1mAbx/advarer-mot-oljejubel-vi-er-ikke-i-maal
- ·1 päivä sitten · MuokattuWitkoff, Kushner and Araghchi to Switzerland – what does that mean for silver? Last night, Axios, reported among others by VG, announced that Trump's special envoy Steve Witkoff is on his way to Switzerland for the first round of nuclear negotiations between the USA and Iran, with Jared Kushner already in the country. Iran's Foreign Minister Abbas Araghchi is scheduled to travel the same way, but the exact meeting time is currently uncertain. The talks were originally supposed to start on Friday but were postponed because the fighting between Israel and Hizbollah in Southern Lebanon escalated. Only when a ceasefire was established on Friday evening was there again room to move the Switzerland track forward. In the background is a 14-point memorandum of understanding that was signed earlier this week, opening a 60-day window to negotiate a more lasting solution to Iran's nuclear program and the reopening of the Strait of Hormuz. What makes this relevant beyond the Middle East news is how it plays into the chain geopolitics → oil → inflation → Fed → real interest rates → silver, which I have followed throughout this conflict. Real progress in Switzerland, with a stable solution for Hormuz, would in isolation curb oil price risk and thus take some of the inflationary pressure off Fed's plate – which is initially negative for the safe-haven demand that has lifted silver. At the same time, the process is fragile: negotiations have already been postponed once this week due to Lebanon, Israel has publicly signaled that the draft agreement does not meet their demands for uranium enrichment and missile program, and the 60-day window means that uncertainty will not disappear with one meeting in Switzerland. As long as the market does not have a final, sustainable outcome to price in, I believe the geopolitical risk premium in silver will persist – but it may gradually weaken if the talks actually deliver concrete results going forward. The technical picture for silver is unchanged from previous analyses: $62 now functions as support, 90 dollars is resistance, and 117 dollars is the upper resistance level according to Investtech charts. Fundamentally, the Silver Institute's estimated supply deficit of around 46.3 million ounces for 2026 still underlies as a structural support factor, regardless of what happens in Switzerland. My only current position is AuAg Silver Bullet, which, with its exposure to silver mining companies (approximately 2–3x beta against the spot price), makes these fluctuations particularly noticeable. Sources: https://www.vg.no/nyheter/i/JOvoXX/trump-utsending-og-iransk-minister-til-samtaler-i-sveitshttps://www.axios.com/2026/06/19/iran-talks-switzerland-witkoff-vancehttps://tribune.com.pk/story/2614209/trump-envoy-iranian-minister-head-to-switzerland-for-talks-axios What do you think: can a breakthrough in Switzerland actually be the start of a lasting de-escalation that takes the air out of the silver rally, or is the process too fragile and full of caveats (Israel, Lebanon, the 60-day window) for the market to dare to price it in yet? This is not investment advice, only my own reflections and analyses. Always make your own assessments before investing.
- ·2 päivää sittenThe Iran deal is more fragile than the silver price reflects The market has in recent days priced in a de-escalation in the Middle East as if the matter is settled, but a closer look at the memorandum of understanding between the USA and Iran reveals that we are still at the beginning of a very fragile process. Silver has fallen from around 70 dollars on June 15 to under 65 dollars yesterday, driven by a combination of a hawkish Fed and the relief that the Strait of Hormuz has been reopened. The question is whether this fall is a healthy correction, or if the market underestimates how easily this agreement can collapse. What has actually been signed is a memorandum of understanding, not a final peace agreement. It sets out 60 days of negotiations before anything concrete and binding is in place, and it says nothing about Iran's ballistic missile program. The fate of the enriched uranium stockpile is also not clarified, and is to be handled in the final agreement. US Vice President Vance has been clear that the next round of negotiations will revolve precisely around the nuclear program, and that Iran will be left with little room for maneuver if the country does not comply with American demands. In other words, it is the most difficult topic in the entire conflict that has been pushed ahead, not resolved. In addition, there is the Israel factor. Israel is not a party to the agreement and still has operations ongoing in Lebanon, Gaza, and Syria, despite Trump publicly asking Netanyahu to show restraint. Israeli far-right politicians, including Security Minister Ben-Gvir, have directly rejected the agreement and said it does not bind them. This is the obvious tail that can wag the dog: if Israel chooses to act unilaterally, i.e., on its own without coordination with Washington, against targets they perceive as threats related to the nuclear program, the entire 60-day negotiation period could collapse overnight, regardless of what the USA and Iran formally agree upon between themselves. The planned follow-up talks in Switzerland this Friday have already been canceled, which in itself is a signal that the process is more fragile than the pricing in silver and gold just now reflects. For the silver price, this is an asymmetric risk situation going forward. The decline we have seen in the last week is built on a combination of Fed-hawkishness and reduced crisis premium. But the crisis premium can return much faster than it disappeared if the uranium enrichment issue goes off track or Israel launches independent attacks. In such a scenario, both gold and silver will likely see renewed safe-haven demand while the oil price could rise again, which, via the inflation channel, could also complicate the Fed's rate path and thus provide a double tailwind for precious metals. Conversely, a calm continuation of negotiations will likely keep silver under pressure as long as the Fed signals interest rate hikes. The two levels I am following most closely going forward are whether the Switzerland meeting will be rescheduled shortly, and any signals from Iran that they are slowing down or reversing the dilution of the highly enriched uranium stockpile. Both will say more about whether the 60-day window actually holds than anything else currently priced into the market. Sources: https://www.vg.no/nyheter/i/Exj063/sveits-fredagens-samtaler-mellom-usa-og-iran-blir-ikke-noe-avhttps://www.vg.no/nyheter/i/y5Oa4a/usa-og-iran-avtalen-er-offentliggjorthttps://tradingeconomics.com/commodity/silver What do you think: will the 60-day window hold, or will we see a new escalation before summer is over? This is not investment advice, only my own reflections and analyses. Always do your own research before making investment decisions.
·1 päivä sitten · MuokattuThe Dollar will weaken again, yes, government bonds not sought after as they have been for all years before, USA has a mega debt. More fiat currency MUST eventually be printed. Silver will come up again at some point. Frustrating to see the low values of silver now when one is invested so heavily in it. But here one must have patience as one's friend :) Macroeconomics. silver has been at 63,5 this morning, The Dollar has weakened 0,48% today, silver has gone up to almost 65. But there are many things that affect the silver price. If inflation continues to rise and interest rates are kept stable, then the metals will undoubtedly soon fly again, because then the real interest rate falls and it is not advantageous to have capital in bonds. Stagflation would have been interesting. The best would have been if silver had broken free from the paper prices in the west, they are far too manipulated for it to be an advantageous market for anyone other than Jane and JPmorgan, manipulation of futures is namely legal in the USA if one is rich enough.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Tunnusluvut
Riskitaso
?
Korkea: 6 / 7
Huomioi, että vaikka osakerahastoihin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Tunnusluvut
- Juoksevat kulut1,40%
- OmaisuusluokkaOsake
- KategoriaSektori arvometallit osakkeet
- PerusvaluuttaEUR
- Lainoitusaste70%
- Avaintietoasiakirja
Tietoa rahastosta
The focus is on Global Precious Metal Mining Company with a special focus on transferable securities whose value development is affected by the market development for Silver.
Vastaavan tyyppisiä rahastoja
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Omistukset
Päivitetty 31.5.2026
Jakauma
- Osakkeet95,8%
- Muut3,5%
- Lyhyt korko0,7%
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
- 8 t sitten8 t sittenSilver Into Year-End 2026: Bear, Base and Bull Case Silver has fallen from its January peak near $121/oz to around $65/oz today, but the underlying market remains in its sixth consecutive year of structural deficit. Rather than focusing on a single price target, it may be more useful to examine the scenarios that could drive silver through the remainder of 2026. Bear case ($45–65/oz) A stronger U.S. dollar, fewer Fed rate cuts, weaker industrial activity and continued silver thrifting in the solar sector could keep pressure on prices. If geopolitical tensions continue to ease and investment demand fades, the market may focus more on rising recycling volumes and stable mine supply than on the physical deficit itself. In this scenario, silver remains volatile but struggles to regain momentum. Base case ($75–90/oz) This remains the most likely outcome in my view. The global silver market is expected to post a sixth consecutive annual deficit, while demand from electrification, grid expansion, AI infrastructure and investment remains supportive. Industrial demand may soften in some sectors, but persistent supply tightness and recurring geopolitical uncertainty could keep silver trading above current levels. This broadly aligns with forecasts from major institutions such as JPMorgan and Commerzbank. Bull case ($100–165+/oz) A combination of Fed easing, a weaker dollar, renewed investor inflows and worsening supply shortages could push silver back above $100. Additional geopolitical shocks, mine disruptions or stronger-than-expected physical demand could amplify the move. After six years of deficits and significant drawdowns of above-ground inventories, the market may be more sensitive to supply shocks than many investors realize. The key point is that all three scenarios start from the same foundation: the silver market remains structurally undersupplied. The real debate is not whether a deficit exists, but how much geopolitical risk, monetary policy and investment demand the market chooses to price on top of it. Question for investors: Do you see the structural deficit as the primary driver for silver going forward, or is geopolitics still the dominant catalyst? Not investment advice. This reflects my personal analysis and market view. Sources • Silver Institute, Global Silver Investment Outlook 2026 https://silverinstitute.org/global-silver-investment-to-remain-strong-in-2026-against-the-backdrop-of-a-sixth-consecutive-annual-market-deficit/ • Reuters, Silver faces sixth year of deficit with stock drawdown raising squeeze risks (15 April 2026) • Reuters, Rising investment to keep global silver demand steady in 2026 (10 February 2026) • Kitco, Silver market faces another deficit in 2026 as volatility and investment demand shape outlook • World Silver Survey 2026 (Silver Institute / Metals Focus) https://www.silverinstitute.org • JPMorgan Global Research, Silver Outlook 2026 https://www.jpmorgan.com/insights/global-research/commodities/silver-prices
- 18 t sitten18 t sittenHow Both Iran and the US Bend the Rules in the Hormuz Standoff Markets cheered the peace deal last week, but both sides are still operating with considerable room outside what's formally agreed. Iran leans on its shadow fleet: tankers switch off AIS transponders and transfer oil ship-to-ship in international waters, allowing Iranian crude from Kharg Island to still reach China despite sanctions. The cost is rising, though — the spread to Brent has widened from roughly one dollar to nearly eight dollars per barrel over the past year, as middlemen demand ever-higher risk premiums. The US, meanwhile, enforces selectively. The Navy has boarded stateless tankers like M/T Tifani after ship-to-ship transfers from Iran to China, while other China-linked vessels, such as "Rich Starry" (owned by sanctioned operator Shanghai Xuanrun Shipping), have been allowed through Hormuz during an active blockade. Trump has also used fees as a bargaining chip — no "tolls" for the next 60 days, but leaving the door open to impose them later. Iran is doing the same through its new port authority, PGSA: free insurance today, with stated room to add fees down the line. Both sides therefore have built-in incentives to keep the system murky — Iran to secure revenue, the US to retain flexibility. SEB chief analyst Bjarne Schieldrop notes the deal is far from "watertight." Question for discussion: How much of today's oil price calm reflects the deal actually holding — and how much simply reflects that neither side has tested it yet? Not investment advice, just my own analysis. Do your own research before making investment decisions. Sources: - https://geopolitika.no/hvordan-iransk-olje-nar-kina-til-tross-for-sanksjonene/ - https://www.foxnews.com/politics/us-interdicts-stateless-sanctioned-tanker-sailing-iran-china - https://www.nrk.no/norge/usa-blokkerer-hormuzstredet_-skip-matte-snu-1.17845634 - https://e24.no/energi-og-klima/i/n1mAbx/advarer-mot-oljejubel-vi-er-ikke-i-maal
- ·1 päivä sitten · MuokattuWitkoff, Kushner and Araghchi to Switzerland – what does that mean for silver? Last night, Axios, reported among others by VG, announced that Trump's special envoy Steve Witkoff is on his way to Switzerland for the first round of nuclear negotiations between the USA and Iran, with Jared Kushner already in the country. Iran's Foreign Minister Abbas Araghchi is scheduled to travel the same way, but the exact meeting time is currently uncertain. The talks were originally supposed to start on Friday but were postponed because the fighting between Israel and Hizbollah in Southern Lebanon escalated. Only when a ceasefire was established on Friday evening was there again room to move the Switzerland track forward. In the background is a 14-point memorandum of understanding that was signed earlier this week, opening a 60-day window to negotiate a more lasting solution to Iran's nuclear program and the reopening of the Strait of Hormuz. What makes this relevant beyond the Middle East news is how it plays into the chain geopolitics → oil → inflation → Fed → real interest rates → silver, which I have followed throughout this conflict. Real progress in Switzerland, with a stable solution for Hormuz, would in isolation curb oil price risk and thus take some of the inflationary pressure off Fed's plate – which is initially negative for the safe-haven demand that has lifted silver. At the same time, the process is fragile: negotiations have already been postponed once this week due to Lebanon, Israel has publicly signaled that the draft agreement does not meet their demands for uranium enrichment and missile program, and the 60-day window means that uncertainty will not disappear with one meeting in Switzerland. As long as the market does not have a final, sustainable outcome to price in, I believe the geopolitical risk premium in silver will persist – but it may gradually weaken if the talks actually deliver concrete results going forward. The technical picture for silver is unchanged from previous analyses: $62 now functions as support, 90 dollars is resistance, and 117 dollars is the upper resistance level according to Investtech charts. Fundamentally, the Silver Institute's estimated supply deficit of around 46.3 million ounces for 2026 still underlies as a structural support factor, regardless of what happens in Switzerland. My only current position is AuAg Silver Bullet, which, with its exposure to silver mining companies (approximately 2–3x beta against the spot price), makes these fluctuations particularly noticeable. Sources: https://www.vg.no/nyheter/i/JOvoXX/trump-utsending-og-iransk-minister-til-samtaler-i-sveitshttps://www.axios.com/2026/06/19/iran-talks-switzerland-witkoff-vancehttps://tribune.com.pk/story/2614209/trump-envoy-iranian-minister-head-to-switzerland-for-talks-axios What do you think: can a breakthrough in Switzerland actually be the start of a lasting de-escalation that takes the air out of the silver rally, or is the process too fragile and full of caveats (Israel, Lebanon, the 60-day window) for the market to dare to price it in yet? This is not investment advice, only my own reflections and analyses. Always make your own assessments before investing.
- ·2 päivää sittenThe Iran deal is more fragile than the silver price reflects The market has in recent days priced in a de-escalation in the Middle East as if the matter is settled, but a closer look at the memorandum of understanding between the USA and Iran reveals that we are still at the beginning of a very fragile process. Silver has fallen from around 70 dollars on June 15 to under 65 dollars yesterday, driven by a combination of a hawkish Fed and the relief that the Strait of Hormuz has been reopened. The question is whether this fall is a healthy correction, or if the market underestimates how easily this agreement can collapse. What has actually been signed is a memorandum of understanding, not a final peace agreement. It sets out 60 days of negotiations before anything concrete and binding is in place, and it says nothing about Iran's ballistic missile program. The fate of the enriched uranium stockpile is also not clarified, and is to be handled in the final agreement. US Vice President Vance has been clear that the next round of negotiations will revolve precisely around the nuclear program, and that Iran will be left with little room for maneuver if the country does not comply with American demands. In other words, it is the most difficult topic in the entire conflict that has been pushed ahead, not resolved. In addition, there is the Israel factor. Israel is not a party to the agreement and still has operations ongoing in Lebanon, Gaza, and Syria, despite Trump publicly asking Netanyahu to show restraint. Israeli far-right politicians, including Security Minister Ben-Gvir, have directly rejected the agreement and said it does not bind them. This is the obvious tail that can wag the dog: if Israel chooses to act unilaterally, i.e., on its own without coordination with Washington, against targets they perceive as threats related to the nuclear program, the entire 60-day negotiation period could collapse overnight, regardless of what the USA and Iran formally agree upon between themselves. The planned follow-up talks in Switzerland this Friday have already been canceled, which in itself is a signal that the process is more fragile than the pricing in silver and gold just now reflects. For the silver price, this is an asymmetric risk situation going forward. The decline we have seen in the last week is built on a combination of Fed-hawkishness and reduced crisis premium. But the crisis premium can return much faster than it disappeared if the uranium enrichment issue goes off track or Israel launches independent attacks. In such a scenario, both gold and silver will likely see renewed safe-haven demand while the oil price could rise again, which, via the inflation channel, could also complicate the Fed's rate path and thus provide a double tailwind for precious metals. Conversely, a calm continuation of negotiations will likely keep silver under pressure as long as the Fed signals interest rate hikes. The two levels I am following most closely going forward are whether the Switzerland meeting will be rescheduled shortly, and any signals from Iran that they are slowing down or reversing the dilution of the highly enriched uranium stockpile. Both will say more about whether the 60-day window actually holds than anything else currently priced into the market. Sources: https://www.vg.no/nyheter/i/Exj063/sveits-fredagens-samtaler-mellom-usa-og-iran-blir-ikke-noe-avhttps://www.vg.no/nyheter/i/y5Oa4a/usa-og-iran-avtalen-er-offentliggjorthttps://tradingeconomics.com/commodity/silver What do you think: will the 60-day window hold, or will we see a new escalation before summer is over? This is not investment advice, only my own reflections and analyses. Always do your own research before making investment decisions.·1 päivä sitten · MuokattuThe Dollar will weaken again, yes, government bonds not sought after as they have been for all years before, USA has a mega debt. More fiat currency MUST eventually be printed. Silver will come up again at some point. Frustrating to see the low values of silver now when one is invested so heavily in it. But here one must have patience as one's friend :) Macroeconomics. silver has been at 63,5 this morning, The Dollar has weakened 0,48% today, silver has gone up to almost 65. But there are many things that affect the silver price. If inflation continues to rise and interest rates are kept stable, then the metals will undoubtedly soon fly again, because then the real interest rate falls and it is not advantageous to have capital in bonds. Stagflation would have been interesting. The best would have been if silver had broken free from the paper prices in the west, they are far too manipulated for it to be an advantageous market for anyone other than Jane and JPmorgan, manipulation of futures is namely legal in the USA if one is rich enough.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tunnusluvut
Riskitaso
?
Korkea: 6 / 7
Huomioi, että vaikka osakerahastoihin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Tunnusluvut
- Juoksevat kulut1,40%
- OmaisuusluokkaOsake
- KategoriaSektori arvometallit osakkeet
- PerusvaluuttaEUR
- Lainoitusaste70%
- Avaintietoasiakirja
Tietoa rahastosta
The focus is on Global Precious Metal Mining Company with a special focus on transferable securities whose value development is affected by the market development for Silver.
Vastaavan tyyppisiä rahastoja
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
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- 8 t sitten8 t sittenSilver Into Year-End 2026: Bear, Base and Bull Case Silver has fallen from its January peak near $121/oz to around $65/oz today, but the underlying market remains in its sixth consecutive year of structural deficit. Rather than focusing on a single price target, it may be more useful to examine the scenarios that could drive silver through the remainder of 2026. Bear case ($45–65/oz) A stronger U.S. dollar, fewer Fed rate cuts, weaker industrial activity and continued silver thrifting in the solar sector could keep pressure on prices. If geopolitical tensions continue to ease and investment demand fades, the market may focus more on rising recycling volumes and stable mine supply than on the physical deficit itself. In this scenario, silver remains volatile but struggles to regain momentum. Base case ($75–90/oz) This remains the most likely outcome in my view. The global silver market is expected to post a sixth consecutive annual deficit, while demand from electrification, grid expansion, AI infrastructure and investment remains supportive. Industrial demand may soften in some sectors, but persistent supply tightness and recurring geopolitical uncertainty could keep silver trading above current levels. This broadly aligns with forecasts from major institutions such as JPMorgan and Commerzbank. Bull case ($100–165+/oz) A combination of Fed easing, a weaker dollar, renewed investor inflows and worsening supply shortages could push silver back above $100. Additional geopolitical shocks, mine disruptions or stronger-than-expected physical demand could amplify the move. After six years of deficits and significant drawdowns of above-ground inventories, the market may be more sensitive to supply shocks than many investors realize. The key point is that all three scenarios start from the same foundation: the silver market remains structurally undersupplied. The real debate is not whether a deficit exists, but how much geopolitical risk, monetary policy and investment demand the market chooses to price on top of it. Question for investors: Do you see the structural deficit as the primary driver for silver going forward, or is geopolitics still the dominant catalyst? Not investment advice. This reflects my personal analysis and market view. Sources • Silver Institute, Global Silver Investment Outlook 2026 https://silverinstitute.org/global-silver-investment-to-remain-strong-in-2026-against-the-backdrop-of-a-sixth-consecutive-annual-market-deficit/ • Reuters, Silver faces sixth year of deficit with stock drawdown raising squeeze risks (15 April 2026) • Reuters, Rising investment to keep global silver demand steady in 2026 (10 February 2026) • Kitco, Silver market faces another deficit in 2026 as volatility and investment demand shape outlook • World Silver Survey 2026 (Silver Institute / Metals Focus) https://www.silverinstitute.org • JPMorgan Global Research, Silver Outlook 2026 https://www.jpmorgan.com/insights/global-research/commodities/silver-prices
- 18 t sitten18 t sittenHow Both Iran and the US Bend the Rules in the Hormuz Standoff Markets cheered the peace deal last week, but both sides are still operating with considerable room outside what's formally agreed. Iran leans on its shadow fleet: tankers switch off AIS transponders and transfer oil ship-to-ship in international waters, allowing Iranian crude from Kharg Island to still reach China despite sanctions. The cost is rising, though — the spread to Brent has widened from roughly one dollar to nearly eight dollars per barrel over the past year, as middlemen demand ever-higher risk premiums. The US, meanwhile, enforces selectively. The Navy has boarded stateless tankers like M/T Tifani after ship-to-ship transfers from Iran to China, while other China-linked vessels, such as "Rich Starry" (owned by sanctioned operator Shanghai Xuanrun Shipping), have been allowed through Hormuz during an active blockade. Trump has also used fees as a bargaining chip — no "tolls" for the next 60 days, but leaving the door open to impose them later. Iran is doing the same through its new port authority, PGSA: free insurance today, with stated room to add fees down the line. Both sides therefore have built-in incentives to keep the system murky — Iran to secure revenue, the US to retain flexibility. SEB chief analyst Bjarne Schieldrop notes the deal is far from "watertight." Question for discussion: How much of today's oil price calm reflects the deal actually holding — and how much simply reflects that neither side has tested it yet? Not investment advice, just my own analysis. Do your own research before making investment decisions. Sources: - https://geopolitika.no/hvordan-iransk-olje-nar-kina-til-tross-for-sanksjonene/ - https://www.foxnews.com/politics/us-interdicts-stateless-sanctioned-tanker-sailing-iran-china - https://www.nrk.no/norge/usa-blokkerer-hormuzstredet_-skip-matte-snu-1.17845634 - https://e24.no/energi-og-klima/i/n1mAbx/advarer-mot-oljejubel-vi-er-ikke-i-maal
- ·1 päivä sitten · MuokattuWitkoff, Kushner and Araghchi to Switzerland – what does that mean for silver? Last night, Axios, reported among others by VG, announced that Trump's special envoy Steve Witkoff is on his way to Switzerland for the first round of nuclear negotiations between the USA and Iran, with Jared Kushner already in the country. Iran's Foreign Minister Abbas Araghchi is scheduled to travel the same way, but the exact meeting time is currently uncertain. The talks were originally supposed to start on Friday but were postponed because the fighting between Israel and Hizbollah in Southern Lebanon escalated. Only when a ceasefire was established on Friday evening was there again room to move the Switzerland track forward. In the background is a 14-point memorandum of understanding that was signed earlier this week, opening a 60-day window to negotiate a more lasting solution to Iran's nuclear program and the reopening of the Strait of Hormuz. What makes this relevant beyond the Middle East news is how it plays into the chain geopolitics → oil → inflation → Fed → real interest rates → silver, which I have followed throughout this conflict. Real progress in Switzerland, with a stable solution for Hormuz, would in isolation curb oil price risk and thus take some of the inflationary pressure off Fed's plate – which is initially negative for the safe-haven demand that has lifted silver. At the same time, the process is fragile: negotiations have already been postponed once this week due to Lebanon, Israel has publicly signaled that the draft agreement does not meet their demands for uranium enrichment and missile program, and the 60-day window means that uncertainty will not disappear with one meeting in Switzerland. As long as the market does not have a final, sustainable outcome to price in, I believe the geopolitical risk premium in silver will persist – but it may gradually weaken if the talks actually deliver concrete results going forward. The technical picture for silver is unchanged from previous analyses: $62 now functions as support, 90 dollars is resistance, and 117 dollars is the upper resistance level according to Investtech charts. Fundamentally, the Silver Institute's estimated supply deficit of around 46.3 million ounces for 2026 still underlies as a structural support factor, regardless of what happens in Switzerland. My only current position is AuAg Silver Bullet, which, with its exposure to silver mining companies (approximately 2–3x beta against the spot price), makes these fluctuations particularly noticeable. Sources: https://www.vg.no/nyheter/i/JOvoXX/trump-utsending-og-iransk-minister-til-samtaler-i-sveitshttps://www.axios.com/2026/06/19/iran-talks-switzerland-witkoff-vancehttps://tribune.com.pk/story/2614209/trump-envoy-iranian-minister-head-to-switzerland-for-talks-axios What do you think: can a breakthrough in Switzerland actually be the start of a lasting de-escalation that takes the air out of the silver rally, or is the process too fragile and full of caveats (Israel, Lebanon, the 60-day window) for the market to dare to price it in yet? This is not investment advice, only my own reflections and analyses. Always make your own assessments before investing.
- ·2 päivää sittenThe Iran deal is more fragile than the silver price reflects The market has in recent days priced in a de-escalation in the Middle East as if the matter is settled, but a closer look at the memorandum of understanding between the USA and Iran reveals that we are still at the beginning of a very fragile process. Silver has fallen from around 70 dollars on June 15 to under 65 dollars yesterday, driven by a combination of a hawkish Fed and the relief that the Strait of Hormuz has been reopened. The question is whether this fall is a healthy correction, or if the market underestimates how easily this agreement can collapse. What has actually been signed is a memorandum of understanding, not a final peace agreement. It sets out 60 days of negotiations before anything concrete and binding is in place, and it says nothing about Iran's ballistic missile program. The fate of the enriched uranium stockpile is also not clarified, and is to be handled in the final agreement. US Vice President Vance has been clear that the next round of negotiations will revolve precisely around the nuclear program, and that Iran will be left with little room for maneuver if the country does not comply with American demands. In other words, it is the most difficult topic in the entire conflict that has been pushed ahead, not resolved. In addition, there is the Israel factor. Israel is not a party to the agreement and still has operations ongoing in Lebanon, Gaza, and Syria, despite Trump publicly asking Netanyahu to show restraint. Israeli far-right politicians, including Security Minister Ben-Gvir, have directly rejected the agreement and said it does not bind them. This is the obvious tail that can wag the dog: if Israel chooses to act unilaterally, i.e., on its own without coordination with Washington, against targets they perceive as threats related to the nuclear program, the entire 60-day negotiation period could collapse overnight, regardless of what the USA and Iran formally agree upon between themselves. The planned follow-up talks in Switzerland this Friday have already been canceled, which in itself is a signal that the process is more fragile than the pricing in silver and gold just now reflects. For the silver price, this is an asymmetric risk situation going forward. The decline we have seen in the last week is built on a combination of Fed-hawkishness and reduced crisis premium. But the crisis premium can return much faster than it disappeared if the uranium enrichment issue goes off track or Israel launches independent attacks. In such a scenario, both gold and silver will likely see renewed safe-haven demand while the oil price could rise again, which, via the inflation channel, could also complicate the Fed's rate path and thus provide a double tailwind for precious metals. Conversely, a calm continuation of negotiations will likely keep silver under pressure as long as the Fed signals interest rate hikes. The two levels I am following most closely going forward are whether the Switzerland meeting will be rescheduled shortly, and any signals from Iran that they are slowing down or reversing the dilution of the highly enriched uranium stockpile. Both will say more about whether the 60-day window actually holds than anything else currently priced into the market. Sources: https://www.vg.no/nyheter/i/Exj063/sveits-fredagens-samtaler-mellom-usa-og-iran-blir-ikke-noe-avhttps://www.vg.no/nyheter/i/y5Oa4a/usa-og-iran-avtalen-er-offentliggjorthttps://tradingeconomics.com/commodity/silver What do you think: will the 60-day window hold, or will we see a new escalation before summer is over? This is not investment advice, only my own reflections and analyses. Always do your own research before making investment decisions.·1 päivä sitten · MuokattuThe Dollar will weaken again, yes, government bonds not sought after as they have been for all years before, USA has a mega debt. More fiat currency MUST eventually be printed. Silver will come up again at some point. Frustrating to see the low values of silver now when one is invested so heavily in it. But here one must have patience as one's friend :) Macroeconomics. silver has been at 63,5 this morning, The Dollar has weakened 0,48% today, silver has gone up to almost 65. But there are many things that affect the silver price. If inflation continues to rise and interest rates are kept stable, then the metals will undoubtedly soon fly again, because then the real interest rate falls and it is not advantageous to have capital in bonds. Stagflation would have been interesting. The best would have been if silver had broken free from the paper prices in the west, they are far too manipulated for it to be an advantageous market for anyone other than Jane and JPmorgan, manipulation of futures is namely legal in the USA if one is rich enough.
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