Silver Surges Past Nvidia: The Shiny Metal Claims Second Place in Global Asset Rankings

In a stunning development that has caught the financial world off guard, silver has reportedly overtaken Nvidia ($NVDA) to become the second largest asset in the world by market capitalization.

This claim exploded across social media on December 28, 2025, courtesy of a viral post from popular finance account @WatcherGuru on X (formerly Twitter).

The original post: https://x.com/WatcherGuru/status/2005418957466169690

Is This Real?

First things first — this appears to be a satirical or exaggerated meme post. Silver is a commodity with a total above-ground stock estimated around 1.5-2 million tonnes, but its "market cap" (total value of all mined silver) is typically calculated in the tens of trillions at most — far below major stocks like Apple, Microsoft, or even Nvidia at its peak.

Nvidia's market cap has hovered in the multi-trillion range during the AI boom. For silver to "overtake" it would require prices in the thousands per ounce, which hasn't happened (yet!).

That said, the post highlights a very real phenomenon: silver's extraordinary price rally in 2025.

The Actual Silver Boom of 2025

Silver prices have absolutely exploded this year, surging over 150-170% year-to-date, reaching record highs around $77-79 per ounce in late December 2025.

This outperforms gold (up ~70-80%), Nvidia (variable but not matching silver's gains), and most stock indices.

Key drivers behind the rally:

• Structural supply deficits — Mining output can't keep up with demand, leading to persistent market shortages.
• Booming industrial demand — Silver is critical in solar panels, EVs, electronics, AI data centers, and 5G tech.
• Safe-haven buying — Escalating geopolitical tensions, US dollar weakness, and fears of currency debasement.
• Monetary policy — Fed rate cuts making non-yielding assets like precious metals more attractive.
• Investor inflows — Massive buying into silver ETFs and physical bullion.

What Does This Mean for Investors?

While silver hasn't literally become the #2 asset by market cap, its performance reminds us that hard assets can shine brightest during times of uncertainty.

Precious metals have reclaimed their role as stores of value amid fiat currency concerns and tech sector volatility.

Whether you're stacking physical bars or watching the charts, 2025 has been the year silver reminded everyone why it's called "the devil's metal" — volatile, but capable of demonic returns.

What do you think — is silver's run over, or just getting started?

Tags: #silver #preciousmetals #commodities #investing #crypto (because WatcherGuru audience loves that crossover)

Sources:

• Original X post: https://x.com/WatcherGuru/status/2005418957466169690
• Image credits: WatcherGuru media and public domain silver stacking visuals.