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Yeah, but this is too early and supply could takw years to scale. For now EVs, solar, and electronics will still face cost pressure.
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Recycling is fast but we may not be at enough people's reservation prices yet.
Still, Elon's right about how useful silver is, so this pressure isn't temporary and production needs to ramp up to meet growing industrial demand.
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Maybe this will lead to more silver production and recycling. There's a lot of economically recoverable silver still.