Are We On The Verge Of A Silver Crunch?

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Quote from: alyssa85 on July 24, 2018, 10:49:22 AM

Quote from: First77 on July 23, 2018, 10:22:35 PM

An average sized solar panel has 20 grams Silver. That 20 kilometers x 15 kilometers long solar farm in China Wink

A cruise missile has 16 kilos Silver.

Interesting - demand for silver should start to soar as more and more warmer countries go solar.

The need for money should start to rise as more and more countries adapt to the natural conditions of the market. And no matter what happens, there is a strong belief that will overcome the wind.

alyssa85

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Quote from: First77 on July 23, 2018, 10:22:35 PM

An average sized solar panel has 20 grams Silver. That 20 kilometers x 15 kilometers long solar farm in China Wink

A cruise missile has 16 kilos Silver.

Interesting - demand for silver should start to soar as more and more warmer countries go solar.

The Sceptical Chymist

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OP wrote this post in the middle of April, and the price of silver is down, which indicates to me that people are finding better investments--just like they've done since 2011. Cruise missiles and solar panels may use up a lot of silver, but none of it is truly lost. That all gets recycled. I assume even an exploded missile gets recycled eventually.

The government mints across the world have been pumping out record numbers of commemorative coins for collectors. Where's the implied shortage, again? It doesn't exist. It never did. Silver bugs and silver salesmen have been saying the same stuff for years now. This is part of their marketing--they play to people's fears of missing out, and they give misleading facts to entice you to buy silver. Demand in China? Yeah, who cares?

First77

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Quote from: markj113 on April 17, 2018, 12:20:00 PM

Silver mine output drops 2nd year in a row:
https://schiffgold.com/key-gold-news/silver-mine-output-drops-for-second-straight-year-industrial-demand-up/

Global scrap silver supply plummets to 26 year low:
https://www.silverdoctors.com/silver/silver-news/global-silver-scrap-supply-falls-to-26-year-low/

Now when you buy 1000 ounces Silver you pay $16000

First77

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An average sized solar panel has 20 grams Silver. That 20 kilometers x 15 kilometers long solar farm in China Wink

A cruise missile has 16 kilos Silver.

droptableguy2

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Many sectors in the global economy are expensive and are expected to lose value as demand diminishes. We are currently seeing this happen with the subprime car loan market. Living costs and inflation are rising at a much faster rate than wages. We will certainly reach a point where consumers can not afford things like real estate with corresponding value going down sharply as payables often outweigh the growth of the property.

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Silver mine output drops 2nd year in a row:
https://schiffgold.com/key-gold-news/silver-mine-output-drops-for-second-straight-year-industrial-demand-up/

Global scrap silver supply plummets to 26 year low:
https://www.silverdoctors.com/silver/silver-news/global-silver-scrap-supply-falls-to-26-year-low/

allthingsluxury

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Silver supply has not yet peaked, and the range-bound trading pattern is due to excessive supply above ground, not below it, according to Johann Wiebe, Lead Metals Analyst at Thomson Reuters.

In an interview with Kitco News, Wiebe said that on the demand front, the biggest drivers last year have been industrial, specifically solar energy and electric cars. "On the solar side, we definitely see continued, strong demand, going forward, driven by China" said Wiebe.

Click here to watch this video and to read more:

https://silverliberationarmy.blogspot.com/2018/04/are-we-on-verge-of-silver-crunch.html

Topic: Are We On The Verge Of A Silver Crunch? (Read 140 times)