Exponential, Distilled

Exponential, Distilled

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Exponential, Distilled
Exponential, Distilled
Buy Silver, Not Gold
Thematic Research

Buy Silver, Not Gold

Silver just hit 13-year highs...

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Michael Anwar
Jun 12, 2025
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Exponential, Distilled
Exponential, Distilled
Buy Silver, Not Gold
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Silver briefly flipped BTC in MC—signaling rotation as metals absorb risk-on flows.

Now breaking 13-year highs, silver offers asymmetric upside: underowned and riding a wave of industrial demand.

If gold ranges, silver becomes the reflexive beta—mirroring the BTC→ETH handoff we’ve seen in crypto cycles.

We break down the 5 catalysts + tickers positioning early investors for the next leg.

Disclaimer: The author(s) hold BTC at the time of writing (see full disclaimer).

Key Report Insights:

  1. Silver flipped BTC in market cap—capital is rotating down the metal risk curve

  2. Gold inflows lift all metals—80 tonnes/month from central banks and retail

  3. Supply crisis deepens—2025 marks silver’s 5th straight deficit at -178M oz

  4. Solar demand explodes—$90.3B in silver needed through 2030 buildout

  5. Breakout confirmed above $35—next targets: $44–$48 cycle highs

Just want the tickers? Skip to Section 3.

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A guest post by
Michael Anwar
Analyst at Exponential, Distilled. On a mission to explore the forefront of blockchain technology and translate complex innovations into educative insights.
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