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Benzinga
Benzinga
Business
Surbhi Jain

Silver Doesn't Have The Same Mojo As Gold Because Central Banks Don't Hoard It, Nassim Nicholas Taleb Says

Close-up,Of,A,Gold-ingot,On,Top,Of,A,Troy,Ounce

Nassim Nicholas Taleb took to X to highlight a key distinction between silver and gold: central banks don’t hoard silver.

While both metals have been rallying this year, gold’s status as a central bank reserve asset gives it a unique position in the financial landscape. However, “it is a good idea to be long silver,” said Taleb.

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