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Silver 2.0
Silver is vanishing. It’s been going on for years, and few outside the relevant industries have noticed it. The price of silver bullion, which is at historic lows in proportion to gold prices, certainly hasn’t reflected it. But the reality is there. Today, almost ⅔ of the silver market is literally consumed by the high tech industry. Consumed meaning it’s used in such a way that it most likely will never be recovered. 700 million ounces vanished this way 2024, a 25% increase from just 2 years earlier. chart The silver in question, as you may have surmised, is found in minute quantities in your phones, ... (full story)