The Silver Spark: Lighting Up the Mining World

From The Silver Industry

Global equity markets are burning brighter than ever—at least, in terms of price. They’re in their second most expensive year in history, as measured by the market cap-to-GDP ratio. The only time valuations were higher was in 2021, at the peak of the market. Today, this ratio is a full 7 percentage points above the tech bubble highs of 2000. With US stocks making up nearly 60% of the global market cap, they’re the fuel behind this blaze. But savvy investors know: not all that glitters is gold—sometimes, it’s silver.