Silver's bull case stands unopposed in today's research flow.
One thread of recently published analysis argues silver remains in a structural bull market, even after a prior drawdown of roughly 65%, with further upside expected from current levels. The view sits inside a broader constructive stance on precious metals overall.
The core thesis: widening US fiscal deficits are the dominant driver of the precious metals complex, and researchers holding this position see no sign of that dynamic reversing. As long as deficit spending keeps expanding, the argument goes, the setup for silver and its peers stays intact.
Worth noting there were no opposing takes in today's dataset — which doesn't mean bears don't exist, just that the published research crossing the desk today leaned one way.