Silver has traditionally been one of the most sought-after precious metals in the world, but in recent years interest in the white metal has skyrocketed thanks to rising industrial demand. Growing need for clean technology like electric vehicle (EV) batteries and semiconductors paired with a dwindling global production is creating a supply crunch for silver, which could send the prices higher and make it “the best investment of the decade” according to David Morgan, founder of the Morgan Report. As demand continues to rise for silver, both for industrial uses and as a hedge against inflation, it could ...
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Silver Faces Supply Crunch As Industrial Demand Continues Rising