Aug. 2 at 2:40 AM
$HL $EXK $SILJ $SIL $SLV
The demand for silver between now and 2040 will be unbelievable. The existing mines can’t produce what will be required.
As solid state batteries become mass produced, the amount of silver needed per vehicle is staggering.
Throw in current EV’s, solar, medical, defense systems, electronics, data center equipment and so on, we’re going to see
$200-300 silver.
The recent move to
$120+ was only the beginning.
The first leg typically sees a 50% retracement.
I’m convinced we will see 300-500% gains from current levels.
I personally believe we’re in the beginning of wave 3 on the long term chart. I see one more substantial move heading into 2027.
A wave 4 pullback will occur into a named recession.
Then wave 5, heading into the 2030’s will be eye popping.
Don’t lose sight. Know what you hold and why you hold it. Keep accumulating. Silver is cheap.
https://www.goldenstatemint.com/blog/the-amount-of-silver-used-by-industry-is-climbing-sharply/
