Early Look: 2025 Precious Metals Outlook

UBS rationale for Silver outperforming revealed

Comments:

• The section on “Debates” is pretty good. They ask the right questions

• Note they are telling their clients to sell downside puts in Silver, and Platinum now.

  Which is unusual. A year ago they were not bullish Platinum at all.

• Right now they like Gold, but tepidly. They like Silver, but prefer to buy a dip, and now have Platinum on their radar. They…