The “Econ 101” Case for the Metal That’s Better Than Gold

First stop - $30 silver ...

In this issue of Investing Daily Dose (IDD):

🪙The Fuel for $300 Silver🪙

Stock Picker’s Corner (SPC) Chief Stock Picker Bill Patalon believes in keeping things simple.

And he boils things down into what he calls the “Econ 101 Rules of Investing.”

Let’s start with supply and demand.

For us Wealth Builders, supply and demand offers investable clues.

Like with silver.

The industrial uses for silver are increasing. And that means demand is increasing.

“Its use in solar panels has soared to 20% of the market. It’s also in automobiles, electronics like smartphones and tablets, medical applications, glass coatings in mirrors  ... and that’s just a short list of the use cases,” Peter Krauth, author of The Great Silver Bull told Bill during an early March interview.

Silver's Surge: $30 Soon ... $300 By 2030?

Industrial silver demand jumped 11% last year, says the Silver Institute, the trade group that serves as the industry’s voice. And in the 2024 installment of its “World Silver Survey,” silver demand is expected to rise another 9% to hit record levels this year.

Then there’s supply. As demand advances, the silver “deficit” will surge to 17% – the fourth year in a row for a shortfall.

In his talk with Bill back in March (with silver trading at $23.84 per ounce), Peter looked at that shortfall, surveyed the inflation-ridden economy and made a bold prediction: Silver would hit $30 by the end of the year.

Silver prices have climbed over 16% since Peter’s prediction, and his 2024 prediction is getting closer to coming true with silver trading today for $27.72.

But it’s Peter’s long-term outlook – and his prediction of $300-an-ounce silver – that makes it an investment for true Wealth Builders.

His impressive forecast – and it is impressive – wouldn’t do you folks much good without some context.

And years of collaboration between Bill and Peter mean that Bill knew precisely what questions to ask.  

The topics covered include:

• Silver’s price affordability (aka its “stackability”).

• Its advantage over gold … thanks to its industrial and investment dual-demand triggers.

• The best ways to buy and own it.

• And, most important of all, why he sees the potential for an 11x gain in the “other precious metal.”

That interview is available, for free – here.

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