Silver Shortages and Warfare
In a recent post, Silver Shines, we asked if you are ready for the silver shortage.
We have repeatedly cited leading financial institutions that foresee big moves in silver. Among them are calls for silver to trade at $38-$40 and $40 per ounce by mid-2025. We think these market calls from major banks have silver’s direction exactly right, but they seem to have underestimated the power of the markets. Throughout the year we have warned that they would have to raise their silver price targets, and many of them have.
Our friend Robert Kiyosaki just told his millions of Rich Dad Poor Dad followers that silver is the best asset buy today: “Buy it before it hits $50.00.”
More recently in our post WAR AND SILVER, we made the point that war is bullish for silver. That is thanks to its dual role as both a monetary and an industrial commodity.
Coincidentally we saw a recent report in the Jerusalem Post that focused on military applications for silver, a story we felt we must bring to your attention. It made points that are often under-reported or omitted from official data:
The hidden military demand for silver could potentially outpace industrial applications as we progress through time and technology advances. Escalating geopolitical tensions and potential conflicts may drive this increase, making silver’s role in military applications increasingly significant. This shift could have a substantial impact on the overall silver market, potentially influencing prices and supply dynamics.
A recent (Oct. 29) Wall Street Journal headline makes our point clear again:
“Pentagon Runs Low on Air-Defense Missiles as Demand Surges“
“Large number of interceptors used to strike missiles, drones in Middle East raises concerns about U.S. military readiness in Pacific”
So even if you are following silver closely, and you are also only too aware of the spread of kinetic warfare, you may not be getting the whole picture. But following silver and watching a shortage as it begins to develop is not enough. You must act as well!
Resolve to speak today with a Republic Monetary Exchange gold and silver specialist about establishing a profit and protection portfolio.