100 years of silver price charted

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pmbug

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I'm bullish because theres an all aspect/high tech demand for silver in the current and future predictions of technology. Look at solar panels for instance ? First off the demand for energy is going nowhere as is the demand for green energy, as is the cycles of advancements for better and better mthods for mining it from the sun. A star BTW which is going nowheres.

This pattern is one were seeing up and down the entire spectrum of silver use and Industrial production. Which BTW is most likely the reason demand is in a pattern of outrunning production year after year. Along with Industrial usages are military tech usage which will only grow as a pattern emerges of military tech and quasi military tech advancement. Its not so much its use in war, which thankfully has not happened on a global scale in many years, but its use in preventing wars by the simple deduction that the weaponry and tech heavy in silver usage does indeed exist and its existence assures a heavy penalty for anyone who wants to start one.

Iraq was a case in point. Where American and Euro-High tech military systems eviscerated Iraqi forces in a conflict not even interesting to watch, as did the Gulf war before it.

As does all the other applications silver is so important in. Coinage, money, jewelry, probably being the least important yet most historically persistent. In short people simply love the look of silver and are confident in placing the value of their currency behind it. This has been at the forefront for thousands of years, as a monetary metal silver simply shines. So by every metric silver would appear to have a solid future ahead of it. Gold has far less but still people go ga-ga over the yellow metal and that will never change. Gold does have other uses but as a storage for wealth nothing beats it.

But I just dont see a crash and burn for silver. I dont think it will rocket but I do think it will rise. And I think we'll see a bigger interest in the white metal from banks and govt.'s.
 
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