Anyone else think industrial demand is going to blast silver prices right off the charts?
- •I'm approaching the quarter-million mark now, mostly in my IRA, and I've been doing well with gold.
- •But I'm starting to really eye silver like crazy for the next few years, especially with all the talk about industrial demand.
- •Solar panels, EVs, electronics – silver is in so much of that stuff.
Been investing in physical gold and silver, plus some mining stocks for about 7 years now, since I first started building up my initial $100k portfolio. I'm approaching the quarter-million mark now, mostly in my IRA, and I've been doing well with gold. But I'm starting to really eye silver like crazy for the next few years, especially with all the talk about industrial demand.
I live right on the border here in El Paso, and you see firsthand how much manufacturing and tech innovation is happening, not just here but across the border too. Solar panels, EVs, electronics – silver is in so much of that stuff. It's not like gold, which is mostly jewelry and investment. Silver has this massive industrial component that just feels like it's ready to explode, especially as the push for green tech gets even more intense globally. I'm talking about a supply squeeze possibility that makes historical rallies look tame.
I've always used a tool like the Gold vs Stocks Comparison to quickly get a sense of long-term performance, and while gold has been a solid anchor, silver's volatility, when it pops, really pops. I'm seriously considering rebalancing a bit more towards silver in my next IRA contribution. My wife thinks I'm getting too speculative, but I see it as just being ahead of the curve. What are you all thinking about silver's industrial demand long-term? Anyone else banking on a big jump?
My concern is always the manipulation aspect, but with true physical demand for manufacturing, does that even matter as much? When factories need it, they'll pay for it, right? Curious to hear if anyone feels particularly strongly about holding more physical silver vs. just silver ETFs or miners. The physical stuff just feels so much more secure given the cross-border economic shifts I see daily.