Silver is poised for massive gains during the rate-cutting cycle, and artificial intelligence is expected to spur demand for the precious metal, according to Peter Krauth, author of “The Great Silver Bull.”
Krauth spoke at the Xplor 2024 conference in Montreal, where he discussed the state of the silver market and the investment opportunities expected in 2025. He stressed that the impact of the Federal Reserve’s rate-cutting cycle on silver prices cannot be underestimated, pointing to the historical data supporting this.
Black Friday Deal: Take Advantage of the Discount Now and Take Advantage of the Stock Market Rise with Fair Value Tools and Earnings Report Analysis by Clicking Here
The effect of lower interest rates on silver
“What I did was study how silver reacts once the Fed starts cutting rates,” Krauth said. “Typically, silver starts to fall for a short period, hits a bottom, and then starts to rise. Over the last three rate-cutting cycles, silver prices have risen an average of 332% from low to high.”
"It could take anywhere from one to two years, but these are huge returns. These are not just guesses, these are numbers you can check," he added.
Read Also: Indian Billionaire's Stocks Reverse Strong Reversal Verifies Investing Pro's Predictions!
Silver and the recession cycle
Krauth noted that if the U.S. economy enters a recession — which many experts predict will happen in the first half of 2025 — silver would have a strong opportunity there as well. He cited research from Incrementum, which analyzed several historical recessions and divided them into five periods: pre-recession, beginning, middle, end and post-recession. The research found that silver outperformed gold during both the pre-recession and post-recession periods.
“As we emerge from the recession, the U.S. Treasury will look for ways to stimulate economic growth, and as we have seen in the past, the best options for investing in technology and infrastructure require significant amounts of silver,” he explained.
Read also: A triple economic storm hits the Turkish economy.. recession, inflation and a collapsing currency
Silver and its role in infrastructure and green transformation
Krauth sees infrastructure spending as an option that voters will accept, making silver essential to green transformation projects like electric vehicles, solar and wind power, and electric vehicle charging stations. He also points to improvements in silver-based solid-state battery technology.
“Silver is a key element in all of these developments,” he explained.
Read also: Bitcoin funds witness huge inflows.. and the currency price moves towards an important level
Artificial Intelligence as a New Driver of Silver Demand
Krauth emphasized that artificial intelligence could become the new driver of demand for silver, as it is directly linked to technology and solar energy. He explained that the microchips required for artificial intelligence technology rely on silver due to its high efficiency. In addition, data storage requires huge amounts of energy to operate data centers.
“The amount of data expected to be generated in 2025 will be 50% larger than all the data generated globally between 2010 and 2016,” he noted. “This is staggering growth, and AI is a major contributor to it. For example, a search using ChatGPT consumes ten times more energy than a search via Google, highlighting the need for large energy sources.”
Solar energy as a practical solution
While giants like Microsoft, Google (NASDAQ:GOOGL) and Meta are planning to use nuclear power to power their data centers, Krauth sees other companies turning to solar as a viable and cost-effective alternative.
“For companies that need large amounts of energy to power their data centers, solar becomes the obvious choice,” he said. “Yes, you need large areas to build solar parks, but permits can be granted much more quickly than nuclear, and they provide electricity more readily, allowing data centers to operate almost independently.”
“If you have enough land to build a data center and a solar park next to it, you can be completely off the grid, ensuring energy independence for the data center,” he added.