In early 2024 silver was about $25 and gold around $2,000 per ounce respectively. This value acceleration is unreal.
This value acceleration is unreal.
—————
Not if you realize the World’s Central banks have been ditching the USD and buying historic amounts of Gold. …and realize India, China Russia ( all the big sovereign nations) are buying Silver. Throw in the industry demand is driving up the price, not speculation.
If you believe the World Gold/ Silver council, it will take a decade of new Silver mining operations to be built to barely meet today’s demand. The best part? AI, data centers, computers , phones, EV all need Silver to operate….without Silver, the wheels of tech grind to a halt.