While individual innovations such as artificial intelligence have dominated business headlines, the enormous success and blistering demand imposed by tech juggernauts have forced a worldwide supply chain crisis. Essentially, both private enterprises and government agencies have been left scrambling for critical resources necessary to cleanly power next-generation systems and infrastructures.
It's not just flowery rhetoric. In October, the price of silver — a key conductive metal used in a variety of applications, including electronics and solar panels — reached a record high of more than $50 per ounce. What was more impressive was that gold (which usually features a direct relationship with silver) faltered during this ascendancy. This dynamic may be a subtle hint that the market recognizes the industrial component of silver's bullish narrative.
