James Anderson: This Gold and Silver Volatility Should get Your Attention

The Competent Investor · Feb 4, 2026 · 55m

Tom welcomes James Anderson, author and Head of Research at SD Bullion, to discuss the current volatility in the silver market. Anderson attributes the volatility to a combination of physical premiums, especially in the Eastern markets, and leveraged derivatives. He explains that the price of silver is influenced by both physical demand and derivative trading, with recent significant sell-offs driven by options betting. Anderson advises investors to hold physical silver outside the system to avoid short-term market volatility and to keep allocations limited to single digits for swing trading…