30/10/2026
“Silver is down 55% from its recent highs… but heres the interesting part!”
When silver was going up, there were two big stories
Story number one — EV.
Everyone said EV are the future. More EV means more batteries, and more batteries means more silver demand.
And guess what?
EV pe*******on increased. Battery production increased.
But silver still fell 55%.
Then came Story number two — AI.
AI is the future, so we need more data centres, more semiconductors, and therefore more silver.
And again… everything happened!
But silver still fell.
So what went wrong?
Nothing!
The problem was that these expectations were already priced into silver.
When everyone already knows the good news, prices don't necessarily go up.
For prices to move higher, you need something better than what the market is already expecting.
And a similar story may be playing out in AI-related investments today.
AI is definitely the future — no doubt about it.
But the question is:
“What is the next surprise that the market hasn't already priced in?”
Because in investing, being right about the future is not enough.
You also have to ask:
“How much of that future is already reflected in todays price?”
Thats the real investment lesson.
DM Sohum Wealth for more information
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Mahendra Ashtekar
AMFI Registered Mutual Fund Distributor
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Mutual Fund Analyst
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