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- Three Videos Explain Pathway for Silver to Soar From $23 to $45 an Ounce by 2024
Three Videos Explain Pathway for Silver to Soar From $23 to $45 an Ounce by 2024
by Jon Forrest Little Silver Seek
1. Global mining supply is at the largest downtrend in World History. A few days ago, Mexico, the World’s largest producer with hundreds of mining districts, BANNED OPEN PIT MINING. Open pit mining is how you mine Silver, so Mexico banned it altogether by banning open pit mining.
2. World Demand is at all-time highs. The push to NetZero emissions by 2030, 2040, and 2050 (milestones) has emerging renewable energy sources, including solar panels, batteries, and electric vehicles. This total electrification uses enormous amounts of Silver.
3. The militaries throughout the World are escalating. Here is an example of Silver used in the military. There are over 150 nuclear subs in the World. Using conservative numbers, each nuclear submarine has 100 pounds of Silver because the batteries need to power the sub for hours, days, and years.