Tesla CEO Elon Musk has recently expressed concerns about the surge in silver prices. In a post on social media platform X, he wrote: "This is not good. Silver is essential in many industrial production processes." This statement is a response to the fact that silver prices have skyrocketed by over 17% in a week due to a "severe global supply shortage."

The Source of Musk's Concerns

As a leader in manufacturing, Musk's worries point directly to the core issue: silver is an irreplaceable raw material in several key industrial sectors, including solar energy, electric vehicles, and electronics. Uncontrolled price increases will directly raise costs in global manufacturing, particularly in the transition to green energy.

The Drivers Behind Price Increases

The recent sharp rise in silver prices (with an increase of over 150% this year) is primarily driven by three real factors, not just market speculation:

· Continued supply shortages: The market has fallen into a long-term structural deficit, with severe depletion of global exchange stocks.

· Strong industrial demand: About 50%-60% of the demand comes from the industrial sector, with strong demand from industries such as photovoltaics and electric vehicles.

· Key policy changes: Reports suggest that China, a major silver refining country, may implement licensing management for silver exports starting in 2026, further exacerbating supply concerns.

Thus, Musk's comments are not only the cost anxiety of an entrepreneur but also a warning about a deeper issue: when a strategic resource vital to the future of energy and technology falls into a supply-demand crisis, its impact will far exceed that of the financial markets. #马斯克 #白银 #比特币与黄金战争