Silver exploded recently from $28 to $78 to a record nominal high, currently trading in the low $70s. There are several factors: - Silver mines can’t keep up with electronics demand and there’s no easy way to mine more ⁃Major companies like Samsung are locking up supply ⁃China’s export ban starts in 3 days ⁃Most silver can’t be recycled — it’s locked in cheap electronics in landfills In short, silver is a critical metal. It is the best conductor of electricity on the periodic table. And we don't have enough of it.(Wall Street Mav)