| Andy Snyder Founder | The crowd poured into lithium. Electric cars will surely make it hot, they said. We said don't buy it. We were right. Prices crashed. The nascent lithium market will continue to get crushed by a deadly combination of fresh supply, market manipulation and herd buying. There's a much better metal to own... one that has been economically and monetarily critical for thousands of years. It's no secret that silver supplies have fallen in recent months. Demand has outpaced new mining capacity by more than 50 million ounces over the last year. The situation is getting worse... View larger image There's little doubt that we're in the age of silver. The metal is perfect for an era like this. Silver plays an integral role in not only the electric vehicle market (it's nearly as important to that sector as lithium) but also many other industries. Silver is necessary in high-speed electronics - a quickly growing space. It's an increasingly important resource in the medical device industry. It's used across the manufacturing industry. [Going, Going... Almost Gone! Alpesh Patel's GVI Investor Is Filling Up Quickly. Get Deeply Discounted Access (Thousands Off!) Before We Close the Doors for Good.] And it's a crucial component in solar panels - perhaps the demand source that gets most overlooked. This is the factor that could send silver demand (and therefore prices) through the roof. Get this... Solar manufacturers are expected to gobble up 20% of the output of silver mines by 2027. Within 25 years, they will eat up as much as 98% of new production. That's huge. Would you rather invest in a newly important metal like lithium, which is seeing new mines come online all over the world... or in an old-world metal whose mining capacity is dwindling by the year? The easy lithium is still up for grabs. The industry is just getting started. But the easy silver was pulled from the ground centuries ago. Prices will soon reflect that. The only thing holding back silver prices is the supply glut of the last few years shown in the chart above. A treasure trove of personal stashes is keeping the market liquid... for now. That'll change. And it will happen quickly. The decade of silver is upon us. America's latest industrial craze can't move forward without it. Be well, Andy P.S. If you're looking to pick up some silver now - or want to talk more with an expert on the topic - our friends (and Manward sponsors) at GoldCo have been assisting investors for more than a decade. Right now, they're offering a free guide that will show you how to incorporate metals into your retirement portfolio without incurring any taxes or penalties. Click here to learn more. Want more content like this? | | | Andy Snyder | Founder Andy Snyder is the founder of Manward Press, the nation's premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. He's been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms. | | |
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