Industrial demand for silver - thoughts on long-term implications?

• •Been seeing more and more chatter lately about the industrial demand for silver, and it’s got me thinking about its long-term price trajectory.
• •We all know silver has always had that dual identity – monetary metal *and* industrial powerhouse.
• •But it feels like the industrial side is really starting to ramp up in a way that’s different than, say, twenty years ago.

Been seeing more and more chatter lately about the industrial demand for silver, and it’s got me thinking about its long-term price trajectory. We all know silver has always had that dual identity – monetary metal and industrial powerhouse. But it feels like the industrial side is really starting to ramp up in a way that’s different than, say, twenty years ago.

My own portfolio is pretty heavily weighted in physical and PM miner stocks, and I’ve been building up my silver allocation pretty aggressively for the last 5-7 years. I’m sitting on close to $2 million in PM holdings across the board, with a good chunk of that in silver bars and those bigger 100oz bricks. Started getting into precious metals when I was buying up land in Ridgway back in '08 after the real estate crash, still picking up income properties there and down in Telluride. That’s probably half my portfolio's value right there, the rest is split between PMs, some dividend stocks, and a couple of those tech plays everyone loves. My Gold IRA alone is pushing $800k, and it just keeps chugging along. If anyone’s curious about setting one up or wants a quick primer, I remember finding this Gold IRA Quiz helpful for understanding the benefits of a self-directed account.

With solar rapidly expanding, EVs becoming mainstream, and all the new applications in medical tech and electronics, it just feels like the demand side is only going to get crazier. Are we heading for a permanent divergence where industrial consumption essentially eats up primary mine supply every year, pushing prices structurally higher? Does anyone else feel like the traditional "gold/silver ratio" is becoming less relevant in that scenario? I’m talking 20+ year horizon here, not just the next correction.

What are your thoughts on this? Is the market fully pricing in this industrial demand surge, or are we still early? And how are you factoring it into your own allocation strategies? Especially interested to hear from folks who have been in this space for decades.