Silver attracts attention because of its volatility, but most investors never take the time to understand why it behaves the way it does. They react to price moves, headlines, or narratives without grasping the underlying forces that actually drive silver cycles.

Peter Krauth’s course focuses on those forces. You’ll learn how silver functions as both money and an industrial metal, how supply constraints and demand shifts shape long-term trends, and how opportunity develops across producers, developers, and explorers. Instead of chasing moves after they happen, you’ll see how experienced investors think about silver before momentum takes over.

This module provides a framework for making sense of silver’s volatility. It’s about understanding structure rather than stories, recognizing where pressure builds in the market, and knowing how disciplined analysis helps investors navigate one of the most reactive metals in the commodity space.