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Silver isn’t just a metal – it's the power behind electric cars, solar panels, and the entire clean energy boom.1 And with demand skyrocketing, the supply may be running out.2 The result? Silver prices could go ballistic. Don’t wait – claim your FREE Gold & Silver Kit now and learn how you can ride this wave.
1 Silver’s Critical Role in the Clean Energy Transition https://sprott.com/insights/silver-s-critical-role-in-the-clean-energy-transition/?alttemplate=printblogarticle 2 Krauth said the deficit represents the true net position that the market is in, and the data on the supply side of the equation shows that mining and recycling won’t be enough to meet next year’s demand. “If you look at supply, it's very telling that mine production is down 2% when demand is at the second-highest level on record, and recycling is expected to grow only 1% this year, and will have little impact because it's maybe 15% or so of overall supply,” he said. “I think the attractiveness of pulling that silver out of people's hands or inventory to make it to recycling is hard to justify, and it's also hard to justify given the silver price. So I think that will pretty much max out at its current level, around 180 million ounces or so.”
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