Just to show there is nothing that special happening with SVL...

Just to show there is nothing that special happening with SVL compared to its wider peers even with the rise in the price of silver, here is a basic graph I just whipped up showing the change in the price of SVL (orange line) and SILJ (blue line) since the start of the year where I normalised their values at that time to 1. SILJ is a junior silver and gold miners ETF (and which SVL is part of) so is a true comparison to peers in this space.

So they are tracking each other pretty much perfectly with SILJ up 14% YTD and SVL up 18%. All while silver is up 18.5% which is 'terrible' as miners are meant to be leveraging against the PoS - if they only tracked it long term I would just become a silver stacker and save myself all the grief! Hence it really is a case that the PM miners are in the doldrums even with the spectacular rise in gold and silver this year. Waiting for that worm to turn.....