ETRACS Silver Shares Covered Call ETNs due April 21, 2033 (SLVO)

On January 6, 2026, UBS Group AG (NYSE:UBS) officially declared coupon payments for 12 of its ETRACS Exchange Traded Notes (ETNs), a move that underscores the bank's continued dominance in the high-yield, leveraged income space. The announcement, which covers a diverse array of assets including Master Limited Partnerships (MLPs)

Spot silver prices have gained consecutively for a sixth session, buoyed by the potential rate cut bets.

Over the last six months, silver prices have surged nearly 60%, including a 10% jump this week, but technical charts indicate potential resistance

Silver may be entering a new bull phase, supported by the gold-to-silver ratio, its ratio to the S&P 500, and a major long-term technical breakout.

Silver hits multi-year high of $40.7/ounce, outperforming other precious metals in 2025. Factors include Fed rate cut, supply constraints, and political instability. Predicted to reach $43 by 2025.

The recent surge in silver prices is just the beginning, with shrinking supply and rising demand pointing to a potential price squeeze. Silver outperformed gold and its bull market seems well-supported.

Silver is up 33% over the 12 months, but the high of $35 per ounce was achieved in October.

The slow, then sudden, collapse of Credit Suisse put a lot of large asset management company money at risk. But as an individual investor, you may think you’re not affected by the failure of a Swiss bank now being acquired by another Swiss bank.

A dividend cut or suspension will almost always trigger a sale. These often come as a surprise, or the result of an unexpected event.

An audience-requested contest between precious metals-linked ETNs from Credit Suisse tracking gold income strategies and silver income strategies. Find out who wins the battle.

It has been difficult to trade the market based on fundamentals since the pandemic struck. We appear to have several new black swans on the horizon to further muddy the application of fundamentals.

Contrary to gold bugs’ optimism, precious metals have been sluggish amid the pandemic.