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Silver’s been doing pretty well lately — it’s up nearly 30% already this year, and last year was a strong one too. But if you’re wondering whether it’s too late to jump in, I honestly don’t think we’ve seen the big move yet.
There’s a bunch of reasons why people are talking about silver possibly going even higher. First off, there's more demand than supply — and it's been that way for years. Mines can’t dig up silver fast enough to keep up, and some say this will be the seventh year in a row where demand beats supply. A big part of that is down to things like solar panels, electric cars, and all sorts of tech that need silver to work. Apparently, solar power alone now takes up a much bigger slice of the silver pie than it did 10 years ago — and it’s still growing.
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But it’s not just industries wanting silver. Loads of people are buying it to store as an investment too — through ETFs and of course us stackers. That silver often gets vaulted and doesn’t come back out, which makes it even scarcer for everyone else.
There’s also something called the gold-to-silver ratio. Basically, silver is cheap compared to gold right now — and historically when that gap closes, silver tends to shoot up faster than gold does. Some experts think we could even see a “silver squeeze” — where not enough silver is available and prices jump fast. Could it happen? Who knows. But with demand rising and supply tight, I wouldn’t be surprised.
I’m still stacking when I can. Silver’s affordable, useful, and feels like real value to me. If this run continues, I’ll be glad I held on.