Market Update | Silver Broke $100, What Happens Next?

Silver has surpassed $100/oz, driven by a credit crisis in paper silver, China's export controls, de-dollarization, and nuclear energy demand. COMEX faces significant delivery pressure in March, with open interest far exceeding registered stocks. This could lead to price bands of $100-120, $120-150, or even $150-180. Tech giants like Samsung and Tesla are securing physical silver through direct deals, bypassing exchanges, signaling a shift to vertical integration. Mine supply is constrained by declining ore grades, by-product status, and long development cycles. Core industrial demand is inelastic, creating an "impossible triangle" where price increases cannot quickly rebalance the market, suggesting a structurally rising channel for silver driven by physical scarcity.▶️ Download our app here:📌 Play Store: ⁠https://play.google.com/store/apps/details?id=com.tradingkey.mobile&hl=en⁠📌 App Store: ⁠https://apps.apple.com/us/app/tradingkey-stock-analysis/id6744304666📢 DISCLAIMERTradingKey provides general information on certain investment products. This information is not intended to constitute financial advice or a recommendation for any specific investment product.