Industrial Demand & Silver - My Thoughts (and a little worry)
- β’Okay, so I've been watching silver lately, and I'm honestly a little torn.
- β’On one hand, the industrial demand for silver seems like it should be absolute rocket fuel for its price.
- β’I mean, solar panels, EVs, electronics β silver is everywhere, and those industries aren't exactly slowing down.
Okay, so I've been watching silver lately, and I'm honestly a little torn. On one hand, the industrial demand for silver seems like it should be absolute rocket fuel for its price. I mean, solar panels, EVs, electronics β silver is everywhere, and those industries aren't exactly slowing down. As a principal, I'm always thinking about future trends and how to explain them to students, and this seems like such an obvious one for long-term growth.
But then I look at the actual price action, and it just⦠doesn't always reflect that industrial boom as much as I'd expect. We've had some good runs, for sure, and my own Gold IRA with about $70k in precious metals (mostly gold, but a decent chunk of silver too) has seen some nice gains over the past few years. But I keep wondering if the market is fully pricing in this constant, growing industrial need. Is there some disconnect I'm missing? Or is the supply side just able to keep up really effectively?
I'm trying to teach my high schoolers about investing next semester β real-world stuff beyond just stocks and bonds. We'll definitely be discussing inflation and diversification, and precious metals will be a key part of that. I'm trying to decide how to frame silver's industrial aspect; is it a strong fundamental, or is it more of a "potential" that isn't fully realized in price action yet? I'm based here in Little Rock, and honestly, sometimes it feels like financial news up north or out west filters down a bit slowly, so I like getting diverse perspectives.
What are your thoughts on silver's industrial demand and its impact on price? Are we seeing it fully play out, or is there more runway? And for any of you closer to retirement, remember to check out that RMD Calculator to stay on top of those required minimum distributions once you hit that age β it's going to be a big one for me down the road!