Agreed, but, keep in mind that silver is used in all vehicles/batteries - not just* EVs... "Car manufacturers use up to 55 million ounces of silver per year (that's over 3 million pounds!)"
Lithium is certainly used in a higher volume per EV battery, but, it's also not considered a physical commodity that most consumers hold onto/alternative to currency.
There's also not much evidence to suggest that Li is being artificially price suppressed, unlike Silver.
Agreed, but, keep in mind that silver is used in all vehicles/batteries - not just* EVs... "Car manufacturers use up to 55 million ounces of silver per year (that's over 3 million pounds!)"
Lithium is certainly used in a higher volume per EV battery, but, it's also not considered a physical commodity that most consumers hold onto/alternative to currency.
There's also not much evidence to suggest that Li is being artificially price suppressed, unlike Silver.