Silver: Explosive Upside Potential Amidst Iran War

David Desjardins2.6K FollowersFollow5ShareSavePlay(16min)Comments(4)SummaryFollowing the publication of my last article on silver in early February 2026, I thought about updating my investment thesis given the materialization of important catalysts.Despite the ongoing pullback on silver prices, the start of the Iran war and the closure of the Strait of Hormuz strenghthens the investment case for silver.Surging energy prices are putting upward pressure on long-term sovereign bond yields, which should lead to higher interest expenses and fiscal deficits over time.The Pentagon is now requesting $200 billion of funding to support the ongoing operations in the Middle East. Once again, this will have to be financed with debt.In my view, the investment case for silver has never been stronger, hence why I plan to capitalize on the current pullback to increase my position and get ready for the next le. PeterHermesFurian/iStock via Getty Images A Key Catalyst Has Now Materialized As we approach the end of March 2026, I thought it was an opportune time to update my investment thesis on silver (XAGUSD:CUR). As illustrated below, my last article on the subjectThis article was written byDavid Desjardins2.6K FollowersFollowFor almost a decade, I held research analyst positions in various investment firms, mostly in Toronto. I started in sell-side research with a Canadian bank, then moved to a hedge fund, followed by a family office and then finished my career in wealth management. I was 20 on my first day on Bay Street. I will forever remember. I had worked so hard to get there, from a small French-speaking town in Québec. Getting my CFA and CAIA designations by 25 was another important milestone. I was a young man with a dream, wanting to make it big. However, life was about to teach me a painful lesson. Before conquering the world, a man must first conquer himself by going into the depths of his own abyss. Only then may he shed his naivety and become a man truly able to love.For the last four years, I have been living in a yurt in the boreal forest, approximately 100 kilometres away from the closest paved road or grocery store. In a forest full of birds, just beside a lake full of fish. For water, I go to the creek. For heat, there is plenty of white birch and quaking aspen around. If I need anything in town, I have plenty of money for my needs. I am now 30, in love, and as free as the birds in the skies, so what else can I ask for? In all humility, and in all gratitude, I say thank you to this grandiose symphony we call life.Analyst’s Disclosure: I/we have a beneficial long position in the shares of XAGUSD:CUR, PSLV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.