Keep on hoping !!
... from the European Mint ....
Throughout this surge, gold has dominated headlines with record-breaking prices, whereas silver has not surpassed its peak 2021 price of $30.13, much less its historical high of $49.81 set in 2011. Despite silver's underperformance in recent years, several factors suggest it could be on the cusp of entering one of the strongest bull markets ever seen.
Silver Demand Growing Rapidly:
Silver has long been cherished for its dual role as a monetary asset and an industrial commodity. However, recent developments indicate that its value may be poised for a significant upswing.
And why is that?
Industrial Demand: With its unparalleled conductivity and reflectivity, silver is indispensable in a wide range of industrial applications, from electronics to renewable energy. As global industries continue to expand, the demand for silver is expected to soar.
Monetary Concerns: In an era of unprecedented monetary stimulus and currency debasement, investors are increasingly turning to precious metals like silver as a store of value and a hedge against inflation. Silver's historical role as money makes it a trusted safe haven in times of economic uncertainty.
Supply Constraints: Despite its essential role in modern society, silver production faces numerous challenges, including declining ore grades, geopolitical risks, and environmental regulations. These factors have led to supply shortages and may exert upward pressure on prices in the coming future.