Many people’s understanding of silver still remains at “old metal, lacks elasticity, slow to rise.”

But the reality is, it has quietly become one of the underlying consumables in high-tech industries. AI, chips, photovoltaics, aerospace, military industry—almost all are interconnected, and once used up, they are gone.

When resource exports start to be explicitly restricted, it’s essentially no longer a price issue but a strategic shift. If you block my technology, I block your materials. Once this game begins, it’s very difficult to go back to the way things were.

What’s even more interesting is the emotional level.
If it were truly the end of the market cycle, everyone around would have been talking about silver long ago. But now, ask around, and almost no one touches it. This “important but not crowded” state is actually the most intriguing.

Experience is sometimes not a guide but a filter.
The real big trend often starts quietly before most people even realize it.