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In October 2024, I outlined in the Trader newspaper and the GROWTH magazine why silver could be on the brink of a potential price doubling: Russia's historic step to officially include silver in its currency reserves, India as a new major buyer, and the energy transition with exploding demand from the solar industry, battery technology, and data centers—all of this coincided with a clear supply deficit. Declining mine production, reduced exports from China, significant ETF inflows, and high short positions of U.S. banks created the ideal conditions...
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