Silver prices and industrial demand - anyone else thinking about this?

• •I've been holding a decent chunk of my precious metals allocation in silver for a while now, alongside my gold.
• •My concern is obviously getting priced out if I decide to add more to my position.
• •What are your thoughts folks?

I've been holding a decent chunk of my precious metals allocation in silver for a while now, alongside my gold. As a doctor in my 50s here in Boston, my portfolio is generally pretty diversified, sitting somewhere in the $750k range, and I've always liked the dual nature of silver – both a monetary metal and an industrial one. Lately, though, with all the talk about green energy and electronics, I'm finding myself wondering how much industrial demand is really priced into silver right now.

It seems like every time you turn around, there's a new factory being built for solar panels or EVs, and silver is a pretty critical component in a lot of that. I get that supply is relatively finite, and mining operations can only ramp up so fast, but I'm trying to gauge whether the market is truly appreciating the scale of future demand from these sectors. Are we at a point where industrial consumption alone could start to drive prices north in an irreversible way, even without huge moves in investment demand?

My concern is obviously getting priced out if I decide to add more to my position. I've been eyeing some more silver Eagles and maybe even a few bars, but part of me is hesitating, thinking perhaps the run-up we've seen already has captured a good chunk of this industrial narrative. What are your thoughts folks? Are you factoring in industrial demand heavily when you look at silver's potential? And are there any specific industries you're watching that you think will be major movers for silver prices in the next 5-10 years? I'm always looking for more data points.

By the way, if you’re looking for more in-depth explanations on these kinds of topics, I found the "Learning Center" at https://learn.goldirablueprint.com/?forum to be a surprisingly good resource for understanding the different factors affecting precious metals. They break down a lot of complex stuff pretty clearly.