NAS100 29,077 −1.29% S&P 7,631 −0.71% GOLD $4,375 −1.26% BTC $77,395 −1.47% VIX 16.34 +9.52% live tape · as of 22:14 UTC · 1 Sep
Vol. II · No. 245Wednesday, 2 September 2026
TTitan Protect
The Screen · ETF

iShares Silver Trust

SLV · NYSE ARCA

The Trust seeks to reflect such performance before payment of the Trust's expenses and liabilities.

PASS · Titan Ethical · score 30.0
60.82

At the last full screen
2026-06-14

Screened 2026-06-14 · the tape above runs as of 22:14 UTC · 1 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed

The Label · The Season, Not the Day

This name holds its markup label.

iShares Silver Trust holds its Markup at $60.82. Consolidating, no directional conviction, held for 70 days.

As held on the ledger · 2026-06-14
PhaseMarkup
Quantitative stateConsolidating, no directional conviction, held for 70 days
Price at the screen$60.82
ValuationN/A trailing · N/A forward price to earnings
Values screenPASS · score 30.0
The Workings

Five Screens, Shown in Full

Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.

TestFigureLimitWhat it meansStatus
Business activity Excluded Core business clean Physical silver-backed ETF — Shariah-compliant commodity; silver is a permitted currency metal Fail
Receivables 0.00% Below 49% Money owed to the company is 0.0% of assets, under the 49% limit. Pass

Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.

What the Numbers Say It Is Worth

The Fair Value Range

Our framework reads OVERVALUED

Price History & Projections
$82.5$50.1$17.8TODAY5y agoPROJECTION

Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-06-14 screen.

Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.

Where & How to Trade

SLV trades on NYSE ARCA. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The Dated Journal · Newest First, Never Edited

Every Entry, As Written

2026-08-13 Distribution · changed $60.82 +0.0% Entry 4

The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical pass with moderate score. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 73%. Our forward projection puts the odds of a 10% gain over the next month near 37%.

2026-07-18 Markup $60.82 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical pass with moderate score. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 73%. Our forward projection puts the odds of a 10% gain over the next month near 37%.

2026-07-03 Markup $60.82 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical pass with moderate score. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Markup $60.82 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with ethical pass with moderate score. The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $78.00 -26.1% · $739 -26.1%
2 months $69.08 -16.6% · $835 -16.6%
3 months $76.48 -24.6% · $754 -24.6%
6 months $57.62 +0.1% · $1,001 +0.1%
1 year $33.23 +73.5% · $1,735 +73.5%
2 years $27.12 +112.6% · $2,126 +112.6%
3 years $22.27 +158.9% · $2,589 +158.9%
5 years $25.87 +122.8% · $2,228 +122.8%

Historical returns from market close data. Past performance does not guarantee future results.

The Ledger's Promise

This entry now belongs to the ledger. Whatever SLV does next, these words stay.

iShares Silver Trust · SLV · Markup · $60.82
Recorded 2026-06-14 · before the outcome · scored mechanically

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Screening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.

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