Good stuff Mr.Kal much appreciated.
There is still time to benefit from the breakout in silver" Silver will test all time highs in 2025 and set new highs between 2026and 2027. Bullish possible price targets: US$50 in 2025 and US$77 before 2028,peaking north of US$82 by 2030"
" The ongoing shortage in the physical silver market continues to deteriorate, strongly supporting the silver bull market thesis"
Industrial applications underpin real demand▪ Critical for the green energy transition.
Silver is a key component in a multitude of application such as photovoltaic cells, batteries and electrical contacts
▪ Its antibacterial properties are harnessed in medical instruments, wound dressings, and water purification Scarcity and supply constraints: risk rising
▪ Mine supply is under pressure due to declining grades and fewer new discoveries
▪ Limitations on industrial recoverability mean silver is not readily recyclable
There is still time to benefit from the breakout in silver - Spot silver burst through A$51/oz Feb 2025:
▪ Building price momentum since 2020
▪ Upside unconstrained as it passes through key technical levels
GLTAH DYOR
(20min delay)