Economist Peter Schiff criticizes disconnect as silver surges 35%, but mining stocks only up 11% in Dec. Schiff claims miners 'should have doubled' due to leveraged exposure to metal.

Economic analyst Peter Schiff has pointed out a significant disparity between the skyrocketing price of silver and the market's response to key silver mining stocks. Despite a 35% surge in silver prices in December, as indicated by the iShares Silver Trust (NYSE: SLV), the Global X Silver Miners ETF (NYSE: SIL) only saw an 11% increase. Schiff, a proponent of physical assets and precious metals, highlighted this discrepancy and remarked that investors seem to be disregarding the situation. Silver prices continued to rise by $4 on Tuesday morning, with mining stocks yet to reflect this movement. Schiff emphasized that silver miners usually provide amplified exposure to the metal, making their lackluster performance amidst a sharp rally quite baffling. He noted that given this trend, silver stocks should have doubled over the month. The story is available on Benzinga.com.