If you’ve been holding silver, congratulations—you’re finally starting to see what you’ve known all along: this metal is undervalued no more. Silver recently passed $53 per ounce, a level we haven’t seen in over a decade. But this isn’t just another spike. The conditions pushing silver higher are deeply structural, and they’re showing no signs of going away. Let’s break it down. Silver Lease Rates Are Sky-High—And That’s a Signal Right now, silver lease rates are sitting above 100% in some cases. That might sound technical, but here’s what it really means: there’s more demand to borrow silver than there is supply to meet it. In other words, people are scrambling to get their hands on physical silver—and they’re willing…

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