This chart is from June 2025:
This is a screenshot of today's chart:
Considering the current price, the value has practically doubled in 6 months.
Those charts are not inflation adjustment and do not consider silver's previous ATHs. At the current value it has barely reached historical parity. So what you see as price doubling is actually just catching up a little bit to very bad performance for decades. Try to find an inflation adjusted chart or adjust it yourself and then take a look again and get back to me.
Thank you—a very interesting selection and analysis.
I also believe that silver, and with it copper (these metals are actually mined together, as silver is rarely found in its pure form, most often it is present in ores of other metals, especially copper), may continue to grow in the near future precisely because of the growth in technological demand. The problem is that there is currently no substitute for them, and demand is growing. Of course, copper is more difficult in terms of investing in real metal for private investors, but I do not rule out that tokens backed by industrial reserves of this metal will also be issued.
There is no benefit for tokens that are backed by any kind of reserve or metal, that does not make sense. That is just another paper instrument that is used to scam, similar to how many parties have been trading paper silver for decades. It causes harm and does not bring any benefit except to the intermediary parties that are making fees on these things. Copper is definitely not a material for investment.
The fact that there was a slight decline in value does not mean that silver has the same volatility as Bitcoin. The reason is very simple: hysterical sentiment always drives prices “by inertia,” in this case upward. Hysterical sentiment has calmed down, leaving pragmatic and market sentiment, and the price has adjusted slightly.
I am still betting that the growth will continue, although not at the same rate as in 2025 (more than x2), but primarily due to the technology market.
If Bitcoin has little volatility like silver or gold, then silver and gold have failed. Even at this current movement it shows that Bitcoin is very stable for what it is, you didn't understand my point. If silver can crash 9% in a day and metal bugs are silent then they should be silent when Bitcoin crashes a bit more than that. I don't see evidence that the price rise has anything to do with the technology market, I think you are just speculating.
Silver isn't bad, the way we could behold the use of diamond, gold or any other natural resources as an asset for our own use, their value is only what is different from each other and we just have to consider diversification as something being made important to do, because we cant have the investment we made on a single asset, the risk would have been too much in case if anything happened.
You can't make such direct comparisons. Diamonds compared to silver are useless and the price is extremely manipulated, the real price of them is probably around -90% than the current price. When making a relative comparison like this you must keep in mind that it does not mean that there are no uses at all for diamonds. But when compared to silver, they have very few real uses. Jewelry is not a real use, it is a demand that was created through manipulative marketing. Industrial demand is real demand.