WEBVTT 00:00:00.000 --> 00:00:02.580 Hey, everyone. I think we can all relate to feeling 00:00:02.580 --> 00:00:05.299 overwhelmed with the constant influx of news 00:00:05.299 --> 00:00:07.200 and information, right? It's like trying to drink 00:00:07.200 --> 00:00:09.640 from a fire hose sometimes. Well, we're here 00:00:09.640 --> 00:00:11.259 to help you sift through all that noise and focus 00:00:11.259 --> 00:00:14.039 on what really matters. And today, we're diving 00:00:14.039 --> 00:00:16.600 deep into a topic that's been generating a lot 00:00:16.600 --> 00:00:19.879 of buzz in the financial world. Silver silver, 00:00:20.059 --> 00:00:22.000 huh? Interesting. Yeah, it's really caught my 00:00:22.000 --> 00:00:23.839 eye recently specifically. We're looking at this 00:00:23.839 --> 00:00:28.859 article from February 1st 2025 title 2025 is 00:00:28.859 --> 00:00:30.980 silver set to outshine gold and the precious 00:00:30.980 --> 00:00:33.579 metals market You know gold usually gets all 00:00:33.579 --> 00:00:35.820 the glory But this article makes a pretty compelling 00:00:35.820 --> 00:00:37.939 case that silver could be the real star of the 00:00:37.939 --> 00:00:39.979 show in 2025. Oh, that's interesting I mean gold 00:00:39.979 --> 00:00:41.880 always seems to steal the spotlight when it comes 00:00:41.880 --> 00:00:44.359 to precious metals So what's got people thinking 00:00:44.359 --> 00:00:47.200 that silver might be ready to you know? step 00:00:47.200 --> 00:00:50.060 out from gold's shadow. Well, some forecasts 00:00:50.060 --> 00:00:52.240 are suggesting that silver could jump by over 00:00:52.240 --> 00:00:55.560 20 percent in 2025. And that's got a lot of people 00:00:55.560 --> 00:00:58.340 talking. But, you know, we always say this. We're 00:00:58.340 --> 00:01:00.520 just here to explore the information, not give 00:01:00.520 --> 00:01:03.200 financial advice. So let's really dig in and 00:01:03.200 --> 00:01:05.620 see what's driving this optimism around silver. 00:01:05.719 --> 00:01:08.650 Sounds good. Let's get to it. All right, so maybe 00:01:08.650 --> 00:01:10.629 the best place to start is to look back a little 00:01:10.629 --> 00:01:12.969 bit, you know, see how silver has been performing 00:01:12.969 --> 00:01:16.269 recently. Makes sense. In 2024, we saw some pretty 00:01:16.269 --> 00:01:19.349 solid gains for both gold and silver. Oh, yeah. 00:01:19.590 --> 00:01:22.859 Yeah. Gold, well, gold had a fantastic year, 00:01:22.879 --> 00:01:27.319 surging by 27%. Wow, 27%, that's huge. I mean, 00:01:27.319 --> 00:01:29.140 I'm sure that dominated the headline. Absolutely 00:01:29.140 --> 00:01:31.340 it did, but you know, silver didn't exactly sit 00:01:31.340 --> 00:01:33.519 on the sidelines, did it? Oh, so silver had a 00:01:33.519 --> 00:01:35.519 good year, too. It had a very respectable year, 00:01:35.640 --> 00:01:40.200 posting a 21 % increase. Hmm, 21%, okay. So, 00:01:40.219 --> 00:01:42.200 while it may not have outpaced gold in terms 00:01:42.200 --> 00:01:45.280 of percentage gains, that's still a pretty significant 00:01:45.280 --> 00:01:47.459 upward trend for silver, and I bet a lot of smart 00:01:47.459 --> 00:01:50.019 investors probably took notice of that. 21 % 00:01:50.019 --> 00:01:52.819 is definitely nothing to sneeze at. It's a really 00:01:52.819 --> 00:01:55.579 solid number. So who is paying close attention 00:01:55.579 --> 00:01:58.239 to these trends? Well, the article brings in 00:01:58.239 --> 00:02:00.819 the analysis of Oli Hansen, head of commodity 00:02:00.819 --> 00:02:03.500 strategy at Saxo Bank, a respected voice in the 00:02:03.500 --> 00:02:05.780 field. Okay, Saxo Bank. Yeah, I've heard of them. 00:02:06.680 --> 00:02:09.659 What did this Hansen guy have to say about Silver's 00:02:09.659 --> 00:02:12.379 performance in 2024? What did he think was driving 00:02:12.379 --> 00:02:15.030 it? Well, it's interesting because Hanson pointed 00:02:15.030 --> 00:02:18.069 to many of the same global factors that fueled 00:02:18.069 --> 00:02:20.830 Gold's rally as reasons for silver success in 00:02:20.830 --> 00:02:23.189 2024. Oh, really? Like, what kind of factors 00:02:23.189 --> 00:02:24.830 are we talking about? Well, think about all the 00:02:24.830 --> 00:02:26.990 geopolitical tensions happening around the world. 00:02:27.110 --> 00:02:28.810 You know, the conflicts, the friction between 00:02:28.810 --> 00:02:31.789 countries, that uncertainty tends to make people 00:02:31.789 --> 00:02:34.409 nervous, right? Yeah, for sure. The world can 00:02:34.409 --> 00:02:37.169 feel pretty unstable sometimes. So in times like 00:02:37.169 --> 00:02:39.250 that, people look for safer places to put their 00:02:39.250 --> 00:02:41.729 money, right? It's kind of like picking a reliable 00:02:41.729 --> 00:02:43.550 savings account when the stock market's all over 00:02:43.550 --> 00:02:46.449 the place. Exactly. And those safe havens, as 00:02:46.449 --> 00:02:48.729 they're called, they tend to benefit when things 00:02:48.729 --> 00:02:52.210 get shaky. So silver, being seen as a safe haven 00:02:52.210 --> 00:02:55.449 asset, got a boost from that same flight to safety 00:02:55.449 --> 00:02:58.250 that benefited gold. OK, that makes sense. So 00:02:58.250 --> 00:03:02.349 basically, in 2024, silver kind of rode the coattails 00:03:02.349 --> 00:03:05.530 of gold, benefiting from those same global anxieties. 00:03:05.650 --> 00:03:08.189 You got it. But here's where Silver's story takes 00:03:08.189 --> 00:03:10.849 an interesting twist. This is where it really 00:03:10.849 --> 00:03:13.629 starts to differentiate itself from gold. We 00:03:13.629 --> 00:03:16.110 need to think about Silver's role beyond just 00:03:16.110 --> 00:03:18.789 being a way to store wealth. Oh, right. I've 00:03:18.789 --> 00:03:20.490 heard that silver is actually used in a lot of 00:03:20.490 --> 00:03:22.469 different industries, too. Exactly. And that's 00:03:22.469 --> 00:03:24.990 a key part of the Silver story. It has this really 00:03:24.990 --> 00:03:27.889 interesting dual It's an investment asset, sure, 00:03:28.270 --> 00:03:31.069 but it's also a crucial industrial metal used 00:03:31.069 --> 00:03:33.449 in all sorts of things. And when it comes to 00:03:33.449 --> 00:03:35.389 those industrial uses, you got to talk about 00:03:35.389 --> 00:03:38.030 its incredible electrical conductivity. Electrical 00:03:38.030 --> 00:03:39.909 conductivity. So silver is a good conductor of 00:03:39.909 --> 00:03:42.310 electricity. One of the absolute best, like way 00:03:42.310 --> 00:03:44.430 up there. Think about how easily electricity 00:03:44.430 --> 00:03:46.509 flows through wires. Well, silver is exceptional 00:03:46.509 --> 00:03:48.530 at that. OK, so it's a really good conductor. 00:03:48.969 --> 00:03:51.639 But what does that mean in terms of? like real 00:03:51.639 --> 00:03:53.860 -world applications. Well, it means silver is 00:03:53.860 --> 00:03:55.819 essential for a lot of different industries. 00:03:56.300 --> 00:03:59.860 The article states that in 2024, industrial applications 00:03:59.860 --> 00:04:02.699 made up a huge chunk of silver's total demand, 00:04:02.979 --> 00:04:07.379 55%. Wow. More than half of all the silver used 00:04:07.379 --> 00:04:10.300 went to industrial purposes. Exactly. And get 00:04:10.300 --> 00:04:14.159 this, in 2024, industrial demand was actually 00:04:14.159 --> 00:04:17.500 projected to have exceeded 700 million ounces 00:04:17.500 --> 00:04:20.829 for the first time ever. That's a pretty significant 00:04:20.829 --> 00:04:23.730 milestone. It really shows how much silver industries 00:04:23.730 --> 00:04:26.529 rely on. I'm curious, what sectors are using 00:04:26.529 --> 00:04:28.990 all this silver? Good question. The article points 00:04:28.990 --> 00:04:31.810 to some key areas, electronics for one. Just 00:04:31.810 --> 00:04:33.550 think about all the silver components in our 00:04:33.550 --> 00:04:35.550 smartphones, computers, all those gadgets we 00:04:35.550 --> 00:04:37.389 use every day. Yeah, it's crazy to think how 00:04:37.389 --> 00:04:39.589 many devices we rely on that probably use silver. 00:04:39.829 --> 00:04:42.629 And increasingly, it's playing a big role in 00:04:42.629 --> 00:04:44.810 the renewable energy sector, which is booming 00:04:44.810 --> 00:04:46.829 right now. Oh, interesting. Renewable energy. 00:04:46.889 --> 00:04:48.410 I wouldn't have thought of that. How is silver 00:04:48.410 --> 00:04:50.990 used in renewable energy? Think about solar panels, 00:04:51.069 --> 00:04:54.490 for example. Silver paste is used in those photovoltaic 00:04:54.490 --> 00:04:57.370 cells that conduct the electricity. And as the 00:04:57.370 --> 00:04:59.870 world keeps pushing for cleaner energy sources, 00:05:00.350 --> 00:05:02.709 the demand for solar technology is only going 00:05:02.709 --> 00:05:04.930 to keep growing. Right. That makes sense. So 00:05:04.930 --> 00:05:07.110 more solar panels, more silver needed. It's like 00:05:07.110 --> 00:05:09.970 a domino effect. Right. And the article really 00:05:09.970 --> 00:05:12.329 highlights the contribution of electronics and 00:05:12.329 --> 00:05:14.689 renewable energy to that surge in industrial 00:05:14.689 --> 00:05:17.589 demand, suggesting it's more than just a temporary 00:05:17.589 --> 00:05:21.529 thing. It's a real ongoing trend driven by these 00:05:21.529 --> 00:05:24.509 huge shifts in technology and global priorities. 00:05:24.990 --> 00:05:26.490 OK, this is all really interesting. So we've 00:05:26.490 --> 00:05:28.930 got this picture of silver performing well in 00:05:28.930 --> 00:05:32.250 2024, influenced by all those global economic 00:05:32.250 --> 00:05:35.110 uncertainties and this really significant and 00:05:35.110 --> 00:05:37.230 growing industrial demand. Yeah, we've laid some 00:05:37.230 --> 00:05:39.480 good around work here. Now let's turn our attention 00:05:39.480 --> 00:05:42.399 to the future. OK, let's talk about 2025. What's 00:05:42.399 --> 00:05:44.379 in store for silver? What does the article say? 00:05:44.759 --> 00:05:48.040 The article really emphasizes those same geopolitical 00:05:48.040 --> 00:05:50.220 uncertainties and economic shifts we talked about 00:05:50.220 --> 00:05:52.759 earlier. You know, the potential for things like 00:05:52.759 --> 00:05:55.279 tariffs, which can lead to inflation and a weaker 00:05:55.279 --> 00:05:59.259 dollar. All of that makes safe haven assets like 00:05:59.259 --> 00:06:02.100 silver more attractive. Right, because if the 00:06:02.100 --> 00:06:04.279 dollar weakens, people want to find other things 00:06:04.279 --> 00:06:06.199 to hold their value. It's a natural response. 00:06:06.459 --> 00:06:09.199 Exactly. But for silver specifically, it seems 00:06:09.199 --> 00:06:11.980 like the energy transition is a really important 00:06:11.980 --> 00:06:15.079 piece of the puzzle and not just for 2025, but 00:06:15.079 --> 00:06:17.100 in the years to come. Yeah, the transition to 00:06:17.100 --> 00:06:19.560 cleaner energy seems to be a huge driving force 00:06:19.560 --> 00:06:21.800 for a lot of things these days. How does that 00:06:21.800 --> 00:06:24.379 impact silver? Well, think about all the investments 00:06:24.379 --> 00:06:26.720 in power grid infrastructure that are happening 00:06:26.720 --> 00:06:28.980 right now. Silver is really important for that 00:06:28.980 --> 00:06:31.290 because of its superior conductivity. So it's 00:06:31.290 --> 00:06:32.990 needed for the grid, too. Okay, so that makes 00:06:32.990 --> 00:06:35.089 sense. And of course, there's the increasing 00:06:35.089 --> 00:06:37.269 adoption of those renewable energy technologies, 00:06:37.589 --> 00:06:39.509 particularly solar power, which we talked about 00:06:39.509 --> 00:06:41.769 earlier. Right. Solar panels need silter, too. 00:06:42.569 --> 00:06:45.589 All of this is pointing to a positive long term 00:06:45.589 --> 00:06:47.550 outlook for silver. It's not just about being 00:06:47.550 --> 00:06:50.430 a safe haven anymore. It's playing a vital role 00:06:50.430 --> 00:06:52.850 in these crucial industries. You got it. And 00:06:52.850 --> 00:06:55.129 when we connect that to the bigger picture, you 00:06:55.129 --> 00:06:57.290 know, with all these global efforts to tackle 00:06:57.290 --> 00:06:59.589 climate change, that demand for silver is likely 00:06:59.589 --> 00:07:02.529 to keep going up. So all this leads to the question 00:07:02.529 --> 00:07:04.350 of what kind of price are we actually looking 00:07:04.350 --> 00:07:07.430 at for silver in 2025? Right. Get to the numbers. 00:07:07.649 --> 00:07:10.610 What's the expert predicting? OK, so Ali Hanson, 00:07:10.750 --> 00:07:12.629 the expert from Saxo Bank, is actually pretty 00:07:12.629 --> 00:07:15.209 optimistic. He thinks that the combination of 00:07:15.209 --> 00:07:17.829 that sustained investor demand fueled by all 00:07:17.829 --> 00:07:21.110 those macroeconomic uncertainties and the strong 00:07:21.110 --> 00:07:23.230 industrial demand we've been talking about, that 00:07:23.230 --> 00:07:26.420 could all put your silver prices higher. So he's 00:07:26.420 --> 00:07:29.500 bullish on silver. But does he actually put a 00:07:29.500 --> 00:07:31.980 number on it? He does. He gives a potential upside 00:07:31.980 --> 00:07:36.860 target of $38 per ounce for 2025. $38. Wow. That 00:07:36.860 --> 00:07:38.779 would be a significant jump from what it was 00:07:38.779 --> 00:07:41.160 when the article was published. Absolutely. It 00:07:41.160 --> 00:07:44.079 represents a 23 % increase according to the article. 00:07:44.899 --> 00:07:46.540 But Hanson makes an interesting point here. He 00:07:46.540 --> 00:07:48.639 says we shouldn't just get fixated on hitting 00:07:48.639 --> 00:07:52.180 that exact price. The real takeaway is that silver 00:07:52.180 --> 00:07:55.500 has this unique ability to act as both a hedge 00:07:55.500 --> 00:07:58.319 against economic uncertainty, kind of like gold, 00:07:58.660 --> 00:08:01.300 and it has the potential for those rapid price 00:08:01.300 --> 00:08:04.100 increases because of the strong and growing industrial 00:08:04.100 --> 00:08:06.180 demand. Oh, I see. So it's like a double whammy. 00:08:06.259 --> 00:08:08.600 It's got that safe haven appeal, but also the 00:08:08.600 --> 00:08:11.100 strong industrial demand backing it up. Exactly. 00:08:11.300 --> 00:08:13.079 It kind of offers the best of both worlds, in 00:08:13.079 --> 00:08:14.959 a way. OK, so let's recap. We've talked about 00:08:14.959 --> 00:08:18.220 how silver did pretty well in 2024, driven by 00:08:18.220 --> 00:08:20.699 global economic factors and that surprisingly 00:08:20.699 --> 00:08:23.100 strong industrial demand. Right. And looking 00:08:23.100 --> 00:08:26.240 ahead to 2025, those geopolitical uncertainties 00:08:26.240 --> 00:08:28.339 are probably going to stick around. And that 00:08:28.339 --> 00:08:30.420 energy transition? Well, that's only gaining 00:08:30.420 --> 00:08:33.059 momentum. So all that combined is leading experts 00:08:33.059 --> 00:08:35.639 like Oli Hansen to predict a pretty positive 00:08:35.639 --> 00:08:37.519 outlook for silver. It sounds like silver is 00:08:37.519 --> 00:08:40.120 really coming into its own, moving beyond just 00:08:40.120 --> 00:08:42.139 being a secondary player in the precious metals 00:08:42.139 --> 00:08:45.440 market. I think you're right. As we wrap up our 00:08:45.440 --> 00:08:48.639 deep dive into silver's potential in 2025, it's 00:08:48.639 --> 00:08:51.559 clear that while gold might get most of the attention, 00:08:52.100 --> 00:08:54.740 silver has its own unique and compelling story. 00:08:55.460 --> 00:08:58.100 Its recent performance, combined with those vital 00:08:58.100 --> 00:09:00.600 and expanding industrial applications, makes 00:09:00.600 --> 00:09:03.000 it a lot more than just an afterthought. It does 00:09:03.000 --> 00:09:06.059 make you think, given silver's crucial role in 00:09:06.059 --> 00:09:08.559 things like renewable energy, and its ability 00:09:08.559 --> 00:09:11.480 to act as a safety net in times of economic uncertainty? 00:09:12.240 --> 00:09:14.379 How might all those advancements in technology 00:09:14.379 --> 00:09:16.919 and those massive global infrastructure projects, 00:09:17.320 --> 00:09:18.940 you know, the ones planned for the coming years, 00:09:19.379 --> 00:09:22.740 how might that impact silver's value? Even regardless 00:09:22.740 --> 00:09:25.559 of its direct price relationship with gold, it's 00:09:25.559 --> 00:09:27.159 definitely something worth considering as we 00:09:27.159 --> 00:09:29.500 look to the future. Food for thought, for sure. 00:09:30.000 --> 00:09:31.840 Alright, that's going to do it for our deep dive 00:09:31.840 --> 00:09:33.919 into silver. We'll be keeping a close eye on 00:09:33.919 --> 00:09:36.139 this fascinating metal. Yeah, this will be interesting 00:09:36.139 --> 00:09:37.399 to watch. Until next time, everyone.