Energy shortage to drive silver price up long term

The energy crisis was caused by supply shortages due to cyclic pressures, and slow supply recovery after the covid-19 pandemic and the Russian invasion of Ukraine. The globe has seen high energy prices due to the geopolitical turmoil. We Forum has stated that “the long-term answer is not to replace fossil-fuel supplies, but instead to focus on the energy transition”

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We’re entering an economic era where the focus on energy availability has perhaps never been more pronounced. The dynamic has served as a reminder as to just how much of our current world is based on energy supply. In the video below Steve St. Angelo of SRS Rocco talks about the energy dynamic and how it relates to gold and silver. He mentions how we’ve reached the point where we’re now consuming more energy than we’re able to replace, and as that trend continues, how it’s going to make growing the current economic structure a lot harder. Steve talks about how gold and silver will serve as stores of energy value, that will increase in importance as the traditional bond and stock markets decline without the same levels of energy production. And that the future economic path will be more based on preserving wealth rather than growing it. The Energy shortage could drive the price of silver as the demand for silver increases. There is only a finite amount of metals so as more is used, we can expect supply to decrease.

Inflation

Cumulative US inflation since 1970 to 2022 is 646.58% Gold price in US dollars is up 4,548%. Silver price in US dollars is up 875%

Silver American Eagle (BU)