Tunnusluvut
Riskitaso
?
Korkea: 6 / 7
Tunnusluvut
- Juoksevat kulut1,75%
- OmaisuusluokkaOsake
- KategoriaSektori arvometallit osakkeet
- PerusvaluuttaUSD
- Lainoitusaste80%
- Avaintietoasiakirja
Tietoa rahastosta
The investment objective of the fund is to seek to achieve a total return by investing predominantly in listed equities. The Fund will aim to achieve its investment objective by investing not less than 70% of its Net Asset Value directly in a diversified portfolio of equity and equity related securities of companies engaged in activities related to the exploration for, development of, and production of gold and silver as well as exchange-traded funds that reflect the movement price of gold or silver.
Vastaavan tyyppisiä rahastoja
Omistukset
Päivitetty 30.11.2025
Jakauma
- Osakkeet99,5%
- Muut0,5%
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
·25.1.Yes, the question is whether we are not writing new history now. Silver is trading today around 103 USD/oz – and the big question is: what should silver really cost? I primarily follow the technicals: RSI, where I normally start selling around 75, as well as Fibonacci analyses. But the question is whether these tools really apply anymore for companies like: Wheaton Precious Metals Pan American Silver Hecla Mining First Majestic Silver Coeur Mining We may be facing a completely new silver price regime, especially since the application area for silver is enormous today. Already in December and January, it has been taken overCOMEX Physical Deliveries December 2025 - January 2026 December 2025: At the beginning of December 2025, the demand for physical silver was exceptionally high. Over 47.6 million ounces of silver were claimed for delivery during the first four trading days in December, which corresponded to over 60% of COMEX's total registered inventory. Overall, December was a record month for physical deliveries. January 2026: The trend continued in January 2026. Between the beginning and middle of January, in just seven days, 33.45 million ounces of physical silver were withdrawn for delivery from COMEX inventory, which corresponded to approximately 26% of the registered inventory during that week LBMA London Inventory London functions as a central hub for the OTC market (over-the-counter), and its inventory has also been under pressure. At the end of December 2025, there were a total of 27,818 tonnes of silver in the LBMA vaults (corresponding to approximately 927,254 silver bars), but only a fraction of this is freely available for immediate delivery (so-called "free float"). The available quantity has decreased dramatically, which has led to a strained physical market oz in physical delivery. Who is buying all this? Furthermore, January is normally a month when Comex often does not deliver silver, which makes this even more remarkable. Production and market dynamics For 2025, global silver production is estimated to be around 1.3–1.5 million ounces for the full year. We will certainly see shorter price dips, especially when security requirements are raised for short sellers. This often leads to forced selling of paper silver, which can push the price down for a few days — but it does not change the long-term situation. Strategic reflections Exit from mining companies usually happens faster than from the metal Silver ETFs can be held longer than mining stocks Mining stocks react faster to market unrest than physical silver Silver price signals Rising silver + falling mining stocks = warning signal Sideways silver + falling mining stocks = sell Falling silver + high RSI = full exit Valuation of silver mining companies At a silver price around 103 USD/oz, producers get extreme margins. At the same time, the stock market is shaky, which means that mining stocks can function as pure ATMs – but only as long as sentiment holds. Key metrics AISC (All-in Sustaining Cost): total production cost per ounce Margin = silver price – AISC EV/EBITDA and Price/NAV for relative valuation Company review First Majestic Silver (AG) Very high leverage to the silver price High volatility: high risk / high potential Suitable late in the cycle – requires strict exit discipline Pan American Silver (PAAS) AISC ca 12–20 USD/oz Extremely strong margins at high silver prices More stable than AG, better risk diversification Hecla Mining (HL) Low cost profile Strong balance sheet Less leverage, but better protection in a risk-off market Exit logic Scale back profits when RSI > 80 Sell a larger portion when RSI breaks below 70 Be quicker to exit mining companies than physical silver during a market downturn Conclusion All three companies are fundamentally very strong at today's silver price, but volatility requires discipline. Pan American offers the best balance between risk and value First Majestic offers the greatest upside Hecla offers the most stability This is a situation where one can make a lot of money — but only if one is disciplined, flexible, and quick to exi- ·5.12.2025buys a little now and then, will probably buy a little more, one has to see it in the long term and they deliver over time, then quite large positions in companies I like too, many funds have too many 1-2 % holdings, but have at Handelsbanken too where I only run AuAG and Au Ag, think they do a good job as well as Swedes and Eric and his team are good
·1.11.2025Next week gold? Will we see continued declines? The wise one probably sells off bit by bit here and calls it a day! Compensation for gold/silver funds? Looks difficult, maybe just to stay put? A terrible week, a terrible month is at least over. Tobii, Intrum and Novo Nordisk - hard to keep from laughing!!!!!
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
Ei uutisia tällä hetkellä
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
Tunnusluvut
- Juoksevat kulut1,75%
- OmaisuusluokkaOsake
- KategoriaSektori arvometallit osakkeet
- PerusvaluuttaUSD
- Lainoitusaste80%
- Avaintietoasiakirja
Tietoa rahastosta
The investment objective of the fund is to seek to achieve a total return by investing predominantly in listed equities. The Fund will aim to achieve its investment objective by investing not less than 70% of its Net Asset Value directly in a diversified portfolio of equity and equity related securities of companies engaged in activities related to the exploration for, development of, and production of gold and silver as well as exchange-traded funds that reflect the movement price of gold or silver.
Vastaavan tyyppisiä rahastoja
Uutiset
Ei uutisia tällä hetkellä
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 30.11.2025
Jakauma
- Osakkeet99,5%
- Muut0,5%
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·25.1.Yes, the question is whether we are not writing new history now. Silver is trading today around 103 USD/oz – and the big question is: what should silver really cost? I primarily follow the technicals: RSI, where I normally start selling around 75, as well as Fibonacci analyses. But the question is whether these tools really apply anymore for companies like: Wheaton Precious Metals Pan American Silver Hecla Mining First Majestic Silver Coeur Mining We may be facing a completely new silver price regime, especially since the application area for silver is enormous today. Already in December and January, it has been taken overCOMEX Physical Deliveries December 2025 - January 2026 December 2025: At the beginning of December 2025, the demand for physical silver was exceptionally high. Over 47.6 million ounces of silver were claimed for delivery during the first four trading days in December, which corresponded to over 60% of COMEX's total registered inventory. Overall, December was a record month for physical deliveries. January 2026: The trend continued in January 2026. Between the beginning and middle of January, in just seven days, 33.45 million ounces of physical silver were withdrawn for delivery from COMEX inventory, which corresponded to approximately 26% of the registered inventory during that week LBMA London Inventory London functions as a central hub for the OTC market (over-the-counter), and its inventory has also been under pressure. At the end of December 2025, there were a total of 27,818 tonnes of silver in the LBMA vaults (corresponding to approximately 927,254 silver bars), but only a fraction of this is freely available for immediate delivery (so-called "free float"). The available quantity has decreased dramatically, which has led to a strained physical market oz in physical delivery. Who is buying all this? Furthermore, January is normally a month when Comex often does not deliver silver, which makes this even more remarkable. Production and market dynamics For 2025, global silver production is estimated to be around 1.3–1.5 million ounces for the full year. We will certainly see shorter price dips, especially when security requirements are raised for short sellers. This often leads to forced selling of paper silver, which can push the price down for a few days — but it does not change the long-term situation. Strategic reflections Exit from mining companies usually happens faster than from the metal Silver ETFs can be held longer than mining stocks Mining stocks react faster to market unrest than physical silver Silver price signals Rising silver + falling mining stocks = warning signal Sideways silver + falling mining stocks = sell Falling silver + high RSI = full exit Valuation of silver mining companies At a silver price around 103 USD/oz, producers get extreme margins. At the same time, the stock market is shaky, which means that mining stocks can function as pure ATMs – but only as long as sentiment holds. Key metrics AISC (All-in Sustaining Cost): total production cost per ounce Margin = silver price – AISC EV/EBITDA and Price/NAV for relative valuation Company review First Majestic Silver (AG) Very high leverage to the silver price High volatility: high risk / high potential Suitable late in the cycle – requires strict exit discipline Pan American Silver (PAAS) AISC ca 12–20 USD/oz Extremely strong margins at high silver prices More stable than AG, better risk diversification Hecla Mining (HL) Low cost profile Strong balance sheet Less leverage, but better protection in a risk-off market Exit logic Scale back profits when RSI > 80 Sell a larger portion when RSI breaks below 70 Be quicker to exit mining companies than physical silver during a market downturn Conclusion All three companies are fundamentally very strong at today's silver price, but volatility requires discipline. Pan American offers the best balance between risk and value First Majestic offers the greatest upside Hecla offers the most stability This is a situation where one can make a lot of money — but only if one is disciplined, flexible, and quick to exi
- ·5.12.2025buys a little now and then, will probably buy a little more, one has to see it in the long term and they deliver over time, then quite large positions in companies I like too, many funds have too many 1-2 % holdings, but have at Handelsbanken too where I only run AuAG and Au Ag, think they do a good job as well as Swedes and Eric and his team are good
- ·1.11.2025Next week gold? Will we see continued declines? The wise one probably sells off bit by bit here and calls it a day! Compensation for gold/silver funds? Looks difficult, maybe just to stay put? A terrible week, a terrible month is at least over. Tobii, Intrum and Novo Nordisk - hard to keep from laughing!!!!!
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
Tunnusluvut
- Juoksevat kulut1,75%
- OmaisuusluokkaOsake
- KategoriaSektori arvometallit osakkeet
- PerusvaluuttaUSD
- Lainoitusaste80%
- Avaintietoasiakirja
Tietoa rahastosta
The investment objective of the fund is to seek to achieve a total return by investing predominantly in listed equities. The Fund will aim to achieve its investment objective by investing not less than 70% of its Net Asset Value directly in a diversified portfolio of equity and equity related securities of companies engaged in activities related to the exploration for, development of, and production of gold and silver as well as exchange-traded funds that reflect the movement price of gold or silver.
Vastaavan tyyppisiä rahastoja
Uutiset
Ei uutisia tällä hetkellä
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.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·25.1.Yes, the question is whether we are not writing new history now. Silver is trading today around 103 USD/oz – and the big question is: what should silver really cost? I primarily follow the technicals: RSI, where I normally start selling around 75, as well as Fibonacci analyses. But the question is whether these tools really apply anymore for companies like: Wheaton Precious Metals Pan American Silver Hecla Mining First Majestic Silver Coeur Mining We may be facing a completely new silver price regime, especially since the application area for silver is enormous today. Already in December and January, it has been taken overCOMEX Physical Deliveries December 2025 - January 2026 December 2025: At the beginning of December 2025, the demand for physical silver was exceptionally high. Over 47.6 million ounces of silver were claimed for delivery during the first four trading days in December, which corresponded to over 60% of COMEX's total registered inventory. Overall, December was a record month for physical deliveries. January 2026: The trend continued in January 2026. Between the beginning and middle of January, in just seven days, 33.45 million ounces of physical silver were withdrawn for delivery from COMEX inventory, which corresponded to approximately 26% of the registered inventory during that week LBMA London Inventory London functions as a central hub for the OTC market (over-the-counter), and its inventory has also been under pressure. At the end of December 2025, there were a total of 27,818 tonnes of silver in the LBMA vaults (corresponding to approximately 927,254 silver bars), but only a fraction of this is freely available for immediate delivery (so-called "free float"). The available quantity has decreased dramatically, which has led to a strained physical market oz in physical delivery. Who is buying all this? Furthermore, January is normally a month when Comex often does not deliver silver, which makes this even more remarkable. Production and market dynamics For 2025, global silver production is estimated to be around 1.3–1.5 million ounces for the full year. We will certainly see shorter price dips, especially when security requirements are raised for short sellers. This often leads to forced selling of paper silver, which can push the price down for a few days — but it does not change the long-term situation. Strategic reflections Exit from mining companies usually happens faster than from the metal Silver ETFs can be held longer than mining stocks Mining stocks react faster to market unrest than physical silver Silver price signals Rising silver + falling mining stocks = warning signal Sideways silver + falling mining stocks = sell Falling silver + high RSI = full exit Valuation of silver mining companies At a silver price around 103 USD/oz, producers get extreme margins. At the same time, the stock market is shaky, which means that mining stocks can function as pure ATMs – but only as long as sentiment holds. Key metrics AISC (All-in Sustaining Cost): total production cost per ounce Margin = silver price – AISC EV/EBITDA and Price/NAV for relative valuation Company review First Majestic Silver (AG) Very high leverage to the silver price High volatility: high risk / high potential Suitable late in the cycle – requires strict exit discipline Pan American Silver (PAAS) AISC ca 12–20 USD/oz Extremely strong margins at high silver prices More stable than AG, better risk diversification Hecla Mining (HL) Low cost profile Strong balance sheet Less leverage, but better protection in a risk-off market Exit logic Scale back profits when RSI > 80 Sell a larger portion when RSI breaks below 70 Be quicker to exit mining companies than physical silver during a market downturn Conclusion All three companies are fundamentally very strong at today's silver price, but volatility requires discipline. Pan American offers the best balance between risk and value First Majestic offers the greatest upside Hecla offers the most stability This is a situation where one can make a lot of money — but only if one is disciplined, flexible, and quick to exi
- ·5.12.2025buys a little now and then, will probably buy a little more, one has to see it in the long term and they deliver over time, then quite large positions in companies I like too, many funds have too many 1-2 % holdings, but have at Handelsbanken too where I only run AuAG and Au Ag, think they do a good job as well as Swedes and Eric and his team are good
- ·1.11.2025Next week gold? Will we see continued declines? The wise one probably sells off bit by bit here and calls it a day! Compensation for gold/silver funds? Looks difficult, maybe just to stay put? A terrible week, a terrible month is at least over. Tobii, Intrum and Novo Nordisk - hard to keep from laughing!!!!!
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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.
Omistukset
Päivitetty 30.11.2025
Jakauma
- Osakkeet99,5%
- Muut0,5%