Are you all watching the K-line? Let me tell you, the real opportunity lies in the supply chain! Silver has long ceased to be cheap gold; now it is the "lifeblood" in solar panels, new energy vehicles, and AI servers—whoever controls silver holds the throat of the technological revolution.

First, look at how crazy the demand side is. In solar, each solar panel relies on silver paste, and after the promotion of N-type technology, the silver consumption per unit has actually increased. By 2025, the solar industry will consume 7,560 tons of silver, accounting for a quarter of global demand—doubling that of 2022. What about new energy vehicles? They require silver for electronic controls, BMS, and high-voltage modules, with usage three times that of fuel vehicles, and production and sales are exploding year after year. Plus, on the AI data center side, the extreme requirements for conductive heat dissipation in server chips have made silver a true "ballast stone." The intensity of the computing power arms race makes the demand for silver grow even more fierce. These are not short-term pulse demands but solid technological upgrade needs for the next decade.

But here’s the problem—supply has become a deadlock. About 70% of global silver is actually a byproduct of copper, lead, and zinc mining. Without expanding primary mines, silver supply gets bottlenecked. The inventories in New York and London are rapidly depleting, and by 2026, there could be a shortfall of nearly 8,000 tons. This means that big players in Silicon Valley might really face a "no silver available" situation.

But here’s a devilish detail: silver’s volatility is 2 to 3 times that of gold. This stuff is a "demonic metal." Ordinary investors should never be fooled by the demand prospects into reckless actions. You must truly understand the supply-demand logic and risk hedging before daring to go all in.