UBS Gets Ready to Raise the Silver Roof

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning. “Comex is Dying”Topic:* UBS Gets Ready to Raise the Silver RoofMarket Analysis: Silver has rallied 26% YTD, driven by demand for USD alternatives and cheaper precious metal exposure, UBS strategist and CIO reports. A breakout above $34.60/oz sparked fresh momentum interest, with ETF holdings and futures net longs both rising sharply. UBS expects silver to test $38–$40/oz in the coming months amid sustained deficits and a weaker dollar. With industrial demand stable and gold-silver ratios normalizing, even minor shifts in investor allocation can move the market. UBS recommends staying long or selling downside for yield, as volatility and relative valuation continue to support upside conviction. Look for Silver: UBS Adds Upside potential to $40 now at 12noonRelated Posts:This Week:Data on Deck: CPI/ PPI* MONDAY, JUNE 9 10:00 am Wholesale inventories * TUESDAY, JUNE 10 6:00 am NFIB optimism index* WEDNESDAY, JUNE 11 8:30 am CPI* THURSDAY, JUNE 12 8:30 am Core PPI* FRIDAY, JUNE 13 10:00 am Consumer sentiment* Summary and Final Market Check…GoldFix Summary of Key UBS Points