Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat
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This report is about silver and metals & mining.
Directly affected
- No company is named in this report.
Indirectly affected
- SLV iShares Silver Trust-25.0% 30d
iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story.
- PICK iShares MSCI Global Metals & Mining Producers ETF-7.0% 30d
iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “metals” (metals & mining) in this story.
- TLT iShares 20+ Year Treasury Bond ETF-1.6% 30d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “debt” (US interest rates) in this story.
- PAAS Pan American Silver-14.0% 30d
Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.
- FCX Freeport-McMoRan-15.3% 30d
Freeport-McMoRan (metal mining): miners' profits move with metal prices. Linked by “metals” (metals & mining) in this story.
- CDE Coeur Mining-22.6% 30d
Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.
- BHP BHP Group-6.7% 30d
BHP Group (metal mining): miners' profits move with metal prices. Linked by “metals” (metals & mining) in this story.
- RIO Rio Tinto Group
Rio Tinto Group (metal mining): miners' profits move with metal prices. Linked by “metals” (metals & mining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| SLV | +7.89% | +3.72% | base | after close | after close | after close | after close |
| PICK | +2.25% | +1.60% | base | after close | after close | after close | after close |
| TLT | -0.10% | -0.30% | base | after close | after close | after close | after close |
| PAAS | +7.07% | +4.69% | base | after close | after close | after close | after close |
| FCX | +4.78% | +5.07% | base | after close | after close | after close | after close |
| CDE | +6.80% | +5.37% | base | after close | after close | after close | after close |
| BHP | +3.20% | +2.21% | base | after close | after close | after close | after close |
| RIO | +3.67% | +0.68% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the ri…
Source: LinkedIn
How far iShares Silver Trust (SLV) has moved since 3 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| BHP Group (BHP) | three days earlier | +2.21% | final price |
| BHP Group (BHP) | five days earlier | +3.20% | final price |
| Coeur Mining (CDE) | three days earlier | +5.37% | final price |
| Coeur Mining (CDE) | five days earlier | +6.80% | final price |
| Freeport-Mcmoran (FCX) | three days earlier | +5.07% | final price |
| Freeport-Mcmoran (FCX) | five days earlier | +4.78% | final price |
| Pan American Silver (PAAS) | three days earlier | +4.69% | final price |
| Pan American Silver (PAAS) | five days earlier | +7.07% | final price |
| Ishares Msci Global Metals & Mining (PICK) | three days earlier | +1.60% | final price |
| Ishares Msci Global Metals & Mining (PICK) | five days earlier | +2.25% | final price |
| Rio Tinto (RIO) | three days earlier | +0.68% | final price |
| Rio Tinto (RIO) | five days earlier | +3.67% | final price |
| iShares Silver Trust (SLV) | three days earlier | +3.72% | final price |
| iShares Silver Trust (SLV) | five days earlier | +7.89% | final price |
| Ishares Tr (TLT) | three days earlier | -0.30% | final price |
| Ishares Tr (TLT) | five days earlier | -0.10% | final price |
Who gains and who loses around iShares Silver Trust (SLV)
Companies mentioned with this story
- SLV iShares Silver Trust
In “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat,” iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence. Reason on file: iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story
- PICK Ishares Msci Global Metals & Mining
For “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat,” Ishares Msci Global Metals & Mining (PICK) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “metals” (metals & mining) in this story
- TLT Ishares Tr
For “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “debt” (US interest rates) in this story
- PAAS Pan American Silver
In “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat,” Pan American Silver (PAAS) is linked, with no stored direction, medium confidence. Reason on file: Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story
- FCX Freeport-Mcmoran
Freeport-Mcmoran (FCX) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat.” Reason on file: Freeport-McMoRan (metal mining): miners' profits move with metal prices. Linked by “metals” (metals & mining) in this story
- CDE Coeur Mining
In “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat,” Coeur Mining (CDE) is linked, with no stored direction, medium confidence. Reason on file: Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story
- BHP BHP Group
In “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat,” BHP Group (BHP) is linked, with no stored direction, medium confidence. Reason on file: BHP Group (metal mining): miners' profits move with metal prices. Linked by “metals” (metals & mining) in this story
- RIO Rio Tinto
For “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat,” Rio Tinto (RIO) is linked, with no stored direction, medium confidence. Reason on file: Rio Tinto Group (metal mining): miners' profits move with metal prices. Linked by “metals” (metals & mining) in this story
iShares Silver Trust (SLV)
On 3 Nov 2026, “Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat” is the story that connects iShares Silver Trust (SLV) to this story.
iShares Silver Trust (SLV) is on the page because iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story
A second company, Ishares Msci Global Metals & Mining (PICK), is listed for a different reason: iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “metals” (metals & mining) in this story
Price levels for iShares Silver Trust (SLV)
PICK traded between 54.38 and 61.57 across 20 sessions. The latest close on file is 56.72. SLV traded between 44.12 and 55.84 across 20 sessions. The latest close on file is 45.58. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.
A simple score for iShares Silver Trust (SLV)
46 out of 100
“Is the silver bull market over? In this Money Metals clip, Mike Maharrey asks Steve Penny of SilverChartist.com why he remains bullish on silver despite short-term market headwinds. Penny points to record global debt, inflation, and the risk of currency devaluat” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.