
Wall Street Mav|Dec 24, 2025 17:53
Silver prices have been on fire for all of 2025, up 140% year to date, almost double percentagewise compared to gold's increase.
Why is silver going crazy?
Industrial demand is outpacing the ability of silver mines to produce the metal. Globally, silver mines peaked in 2016 at 900 million oz per year. Now in 2025, due to depletion of the best mines, production is only 820 million oz per year and declining more next year.
Even with these record high prices, there is no expectation of global total mine production to increase in the coming years. However, industrial demand for silver continues to grow for electronics (AI), solar panels, and the many other industrial products that contain silver.
Companies like Samsung are approaching mining companies directly to sign contracts to secure supply, buying all of their production for years in advance.
Silver X is one of the few primary silver mining companies with more than 50% of their revenue from silver prices. Silver X has multiple silver mines in Peru and is one of the few companies that can actually expand silver production in the coming years. Ticker symbol AGXPF (USA) or AGX.V (Canada).
Own some physical silver, American silver eagle coins are great. And own some silver mining stocks. That is the way to play this.(Wall Street Mav)
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