$SILVER Road to $100
40y $50 horizontal resistance broken, the minimum target is a x2.
Silver is the single best conductor of electricity and heat on the periodic table.
Being long silver as a picks and shovels play on the AI infrastructure build out.
A word from my quant Gemini:

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Bybit has officially become a member of the International Finance Centre in Da Nang, marking a significant step in the effort to build Da Nang into a regional financial and fintech hub.

Bybit digital asset exchange officially joins the International Financial Center in Da Nang.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

A quick overview of institutional and trader opinions on the market outlook.

Is Bitcoin about to choose a direction?

4. The Supply Squeeze
We are already in a structural deficit (Demand > Supply) for 4 years running.
Mines are flat/declining.
AI demand is inelastic (NVIDIA doesn't care if Silver is $30 or $100; they need the performance).

5. The Trade
While Gold is the "money" trade, Silver is the "technology" trade.
We are seeing a "double-spend" on silver:
To build the GPU, and to build the power plant that runs the GPU.