Silver traded up to new record levels at $82 per oz late today. Gold is at $4,500 just below it's all time high. Silver is the much more interesting metal these days, with the combination of investors buying it for monetary reasons plus the industrial demand for electronics, solar, AI, EVs and more. People are waking up to the fact that there isn't enough silver being mined or recycled to meet demand. Demand is around 1.2 billion oz per year, supply (mines + recycle) is about 1 billion oz. So the silver price needs to rise until there is demand destruction. And nobody seems to know what that price is. I have seen estimates that at $135 silver, most of the solar industry is losing money manufacturing solar panels. We will see what happens. There are 2 ways to play this trend. Buy physical silver (great idea) and buy silver mining stocks. There is only 1 mining company that mines 100% silver. Aya (AYASF is the ticker in the US, AYA. to in Canada) They mine about 6 million oz per year and their cost per oz to mine is about $19 per oz. So their profit margins are about $60 per oz right now. They are planning their 2nd mine which is 5x bigger than their current 6 million oz per year. That likely comes into production around 2029 or 2030. Every other mining stock produces other metals and silver is only a portion of the production. Aya is the only pure play silver mining stock that I am aware of. 75% of all silver mined is a biproduct from copper, lead, zinc or gold mining. Often silver is only 1% to 2% of their revenue. So those mining stocks don't really care about the price of silver. Even the other well known "silver" stocks, most of them only have 25% to 50% of their production in silver. The rest is other metals. Just my opinion.(Wall Street Mav)