Ore grades are so low
Roughly 70–80% of silver is produced as a byproduct of base metal mining (copper, lead, zinc). Therefore, higher silver prices do not automatically guarantee higher production if it is not profitable to mine the primary metal.
AI is now an arms race for the future so invest in what feeds its needs
Silver
Silver has the highest electrical conductivity of any element, making it indispensable in solar photovoltaics (PV), 5G networks, and high-performance AI data center electronics.
AI is creating a two-fold demand increase: directly within servers and data centers, and indirectly through the massive solar installations needed to power these data centers.
Trading around a core. But for the next few years there is potential to reach Bank of America's recent targets $130 to $300. Holding that core for the next couple of years looks like a safe place to invest.