Uitgever ETF: WisdomTree

Ticker: PHAG

ISIN: JE00B1VS3333

Valuta: Euro

Beurs: Euronext Amsterdam

The Fed continues to indicate (last week and yesterday) that further rate hikes are to be expected and the battle against high inflation will continue for a long time. The silver price suffers a lot from this. Looking at the significantly decreasing increases in producer prices, inflation will not remain high for as long as the Fed currently expects. In addition, there is actually little link between interest and silver. At least not in the current situation. The industry uses the most silver. If interest rates rise, it will slow down the economy and normally reduce demand for silver. But not now. An enormous amount of silver is needed for the energy transition in which a lot will become electric. The demand for silver will therefore continue to increase. For the past 2 years, demand has already far exceeded silver production from mines. There comes a time when there is a shortage of silver. This will cause the silver price to rise sharply.

Uitgever ETF: WisdomTree

Ticker: PHAG

ISIN: JE00B1VS3333

Valuta: Euro

Beurs: Euronext Amsterdam

The silver price is in an upward trend. However, when it failed to break through the $24 resistance, a temporary setback followed. It is now waiting for the next increase. In addition to inflation, supply and demand play a major role in silver. In 2021, there was more demand for silver than supply from the mines. For 2022, that demand is only expected to increase. It is still awaiting final figures here.

Uitgever ETF: WisdomTree

Ticker: ALUM

ISIN: GB00B15KXN58 

Valuta: euro

Beurs: Milaan

Bad economic times are coming. The demand for aluminum will then decrease somewhat. The reason why I still buy this ETF is the cost of making aluminum. A lot of energy is needed to make aluminum. The energy costs have risen enormously. Many aluminum companies cannot make a profit with the current high energy prices and relatively low aluminum prices. That is the reason why more and more production has to be stopped, such as Damco (Aldel) in Delfzijl. The price for aluminum will have to go up or a shortage will arise due to the loss of production, which will automatically lead to higher prices.

Uitgever ETF: WisdomTree

Ticker: PHAG

ISIN: JE00B1VS3333

Valuta: Euro

Beurs: Euronext Amsterdam

The silver price is now so low that many silver mining companies are going to make a loss. In the long run, silver mines will close and new ones will not be started. That while the demand for silver has been greater than what mines produce for years. So either the silver price will rise in the short term or there will be a lack of silver in the slightly longer term, causing the silver price to rise automatically.