Anyone else watching industrial demand for silver?
- •I was an early investor in solar back in the day, so I'm hyper-aware of how quickly demand can shift for something like that.
- •My current IRA is pretty gold-heavy, probably around $3.2M in various gold products, with about $800k in silver.
- •It feels like there's a strong fundamental case building for silver from the industrial side that's separate from the traditional "safe haven" play.
I rolled over about 70% of my tech company exit package into a Gold IRA a couple years back, but I've always kept a close eye on silver too, especially given the industrial applications. I was an early investor in solar back in the day, so I'm hyper-aware of how quickly demand can shift for something like that.
Lately, with all the talk about EV production ramping up, and certainly AI server farms, along with continued solar build-outs, I'm wondering if anyone else is factoring industrial demand into their silver price predictions? I'm sitting on a decent chunk of cash from my last tech investment round in Dublin, OH, and I'm debating whether to put more into physical silver or just stick with gold. My current IRA is pretty gold-heavy, probably around $3.2M in various gold products, with about $800k in silver.
It feels like there's a strong fundamental case building for silver from the industrial side that's separate from the traditional "safe haven" play. Are you guys hedging against this, or leaning into it? Any thoughts on how much of a premium this industrial demand could eventually add?
Also, on a slightly related note – for anyone who has done a significant rollover recently, did you use any specific tools to check your eligibility? I remember when I did mine, I spent ages on the phone with various reps. Just curious if there are better resources now. I think I heard about something called the Eligibility Checker – has anyone tried that for figuring out if their old 401k or previous IRA qualify for a precious metals rollover?