QS: watching for one more leg downThis could come either via a direct breakdown from current levels or after a lower-high formation in the 13.70–14.60 zone.
Primary support target remains around 8.75
Chart:
Evbattery
Can Silver Become the Most Critical Metal of the Decade?The iShares Silver Trust (SLV) stands at the convergence of three unprecedented market forces that are fundamentally transforming silver from a monetary hedge into a strategic industrial imperative. The November 2025 designation of silver as a "Critical Mineral" by the USGS marks a historic regulatory shift, activating federal support mechanisms including nearly $1 billion in DOE funding and 10% production tax credits. This designation positions silver alongside materials essential for national security, triggering potential government stockpiling that would compete directly with industrial and investor demand for the same physical bars held by SLV.
The supply-demand equation reveals a structural crisis. With 75-80% of global silver production coming as a byproduct of other mining operations, supply remains dangerously inelastic and concentrated in volatile Latin American regions. Mexico and Peru account for 40% of global output, while China is aggressively securing direct supply lines in early 2025. Peru's silver exports surged 97.5%, with 98% flowing to China. This geopolitical repositioning leaves Western vaults increasingly depleted, threatening SLV's creation-redemption mechanism. Meanwhile, chronic deficits persist, with the market balance projected to worsen from -184 million ounces in 2023 to -250 million ounces by 2026.
Three technological revolutions are creating inelastic industrial demand that could consume entire supply chains. Samsung's silver-carbon composite solid-state battery technology, planned for mass production by 2027, requires approximately 1 kilogram of silver per 100 kWh EV battery pack. If just 20% of the 16 million annual EVs adopt this technology, it would consume 62% of the global silver supply. Simultaneously, AI data centres require silver's unmatched electrical and thermal conductivity for reliability, while the solar industry's shift to TOPCon and HJT cells uses 50% more silver than previous technologies, with photovoltaic demand projected to exceed 150 million ounces by 2026. These converging super-cycles represent a technological lock-in where manufacturers cannot substitute silver without sacrificing critical performance, forcing a historic repricing as the market transitions silver from a discretionary asset to a strategic necessity.
TMC and Planet’s Largest Resource of Battery MetalsIf you haven`t bough TMC here, at $1.71:
Then you should know that The Metals Company successfully concluded the latest campaign in its $75 million multi-year deep-sea research program to establish the potential impacts of the Company’s proposed polymetallic nodule collection operations.
TMC holds exploration and commercial rights to three contract areas which host an estimated 1.6 billion tonnes of polymetallic nodules containing high grade nickel, copper , cobalt and manganese, in the Clarion Clipperton Zone of the Pacific Ocean.
The Planet’s Largest Resource of Battery Metals could electrify the entire US electric vehicle fleet.
I consider TMC to be one of the best buys of 2021!
My short term price target is $3.5, but i also target a 10X speculative upside potential by the end of the year.
MULN 600+ miles Solid-State Polymer Battery PackIf you haven`t bought MULN here, at $0.68:
www.tradingview.com
They you should know that Mullen Automotive MULN conducted successful testing of its Solid-State Polymer Battery Pack.
David Michery, CEO: "we tested our 300 Ah (ampere hour) cell which yielded 343 Ah at 4.3 volts, and the results surpassed all expectations. We can say with almost certainty that this technology, once implemented on the Mullen FIVE, will deliver over 600 miles of range on a full charge. The future is bright for Mullen Automotive.”
Isn`t this the longest range in the industry?
With more than $140Mil in volume per day recently, i think MULN can be the next AMC or GME.
My price target is now $13!
