SilverStacker
Predaceous Stink Bug
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Good article that explains just what the new EV battery tech alone could do to market demand. If this happens, and it most likely will, it will have a huge impact on prices and will make us yearn for the days of $37 silver. https://nicoyaresearch.com/silver-soar-samsung-silver-solid-state-battery/
The article is significant not just because of its findings but because they are a research outfit and are not trying to sell you silver themselves so they have legitimacy. Ive suspected, but can't prove, the current rise in silver prices are due to these outfits quietly buying the metal in anticipation of rolling out these batterys shortly. In any event I think we'll see $50 silver, and beyond, shortly but it will take a little time. Maybe 6 mos to a year because although production hasn't kept up with demand theres still a whole lot of it above ground and Govt.'s are doing their best not to list it as a critical mineral or resource, which if they did would create a whole list of problems. One of which would be making its price a lot higher for us consumers.
The article is significant not just because of its findings but because they are a research outfit and are not trying to sell you silver themselves so they have legitimacy. Ive suspected, but can't prove, the current rise in silver prices are due to these outfits quietly buying the metal in anticipation of rolling out these batterys shortly. In any event I think we'll see $50 silver, and beyond, shortly but it will take a little time. Maybe 6 mos to a year because although production hasn't kept up with demand theres still a whole lot of it above ground and Govt.'s are doing their best not to list it as a critical mineral or resource, which if they did would create a whole list of problems. One of which would be making its price a lot higher for us consumers.
