🚨 **Silver Surges: The Real Price Story?** 📈
While silver might appear to reach $100 on paper, the physical market often tells a different tale. This $100 figure primarily reflects a 'paper' price.
In the physical market, significant premiums are observed. For instance, purchasing 1 oz of physical silver in China can cost up to $135/oz, representing a 35% premium. Japan sees even higher prices, around $142/oz.
Several factors are contributing to this potential supply crunch. High demand from the solar industry, the increasing needs of AI data centers for high conductivity, and strategic stockpiles reaching historic lows are all playing a role.
Furthermore, reports indicate China is tightening silver exports. These combined pressures suggest that while the paper price might be $100, acquiring physical silver often exceeds $120/oz in the current market.
This dynamic isn't isolated. Gold is also poised to potentially cross $5,000 for the first time.
Welcome to what many are calling the new commodity supercycle. Keep an eye on precious metals.
$XAG
