Oil and Resources
Critical resources that we rely on for our civilisation are starting to peak. The process of peaking doesn’t mean they have run out entirely. It means that all the easily obtainable sources of supply have been mined demand is starting to exceed supply and the cost of mining what remains becomes rapidly greater. In the case of oil the amount of energy needed to get the remaining supplies out of the ground becomes greater than the energy that is extracted.
Silver is a metal that is used in many processes and it is going through the very steep price rises that we can associate with peaking. The amount of silver left to mine is running out fast. Secondhand silver is being bought for higher and higher prices to melt down to use for essential processes.
What is happening to silver is what we can expect to happen to more and more resources as they peak. Hold on for the ride and don’t sell your silver cheaply.