By Tyler Durden

Interest in silver is soaring (both for industrial use and financial investment), echoing 2013’s crisis, as a recent report from the Silver Institute, silver demand for printed and flexible electronics is forecast to increase 54% over the next 10 years.

Demand for silver in this rapidly developing sector is forecast to come in at 48 million ounces this year. By 2030, the demand is expected to surge to 615 million ounces.

And silver prices are back near recent highs as monetizing debt:

And according to the New York Times, the U.S. Mint even upped its coin production in mid-2020 after shortages of coins have been reported in the U.S. as a result of the coronavirus pandemic, but demand over the past few months from coin hodlers appears to have overwhelmed the US Mint.

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