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A "Masterkey Investment" for AI, EVs, Clean Energy, and More…
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Silver isn't at the top of investors' minds today—even though it's quietly begun a "stealth rally" in recent months, rising 23% year-to-date.
But silver ties into three of the most sweeping technological trends of the 2020s: the rise of AI, electric vehicles, and solar power.
Hundreds of millions of electric vehicles are projected to hit the road between now and 2030—and each of them will need about 2.5 oz of silver.
Meanwhile, billions of solar panels will be installed over the next few years—each of which requires about 0.62 oz of silver.
Then there's silver's overlooked role in the global AI revolution. Silver is the most conductive metal on the periodic table, making it indispensable to the semiconductors that allow the vast amounts of data processing for AI.
Overall, these trends have led to a 184.3 million oz gap between silver production and demand in 2023. And the supply-demand gap is only expected to widen in 2024.
This explosion in demand comes in a sector where unlocking new supply is a lengthy and arduous process. Silver miners around the world won't simply be able to open new mines next month to meet the historic new demand.
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