SILVER : The energy transition’s most undervalued asset.so , AG has always been the undervalued metal in a tight cycle.
Historically SILVER to GOLD ratio was 89-90:1
Now, the newest variable : the industrial demand , which historically was not even an driver like it is today is only growing in demand.
As SILVER is needed in SOLAR , EV industry as a vital component.
SUPPLY ISSUES:
- no major SILVER mines are expected to come back online till 2027-2028
- and the fact is SILVER always comes as a byproduct as the raw material always be a mix of other metals like lead, zinc and copper.
TECHNICALS
i projected a medium term high leverage trade idea but a Multi year ascending triangle is forming ever since 2020.
and COT data shows commercial short position unwinding lately.
i used my custom projection tool for range calculates (on chart)
cannot publish with my priv COT indicator publicly.
