It's a good time to buy Silver!
Here are a few news articles that I have recently read that make me very bullish on the future of Silver.
https://coinweek.com/bullion-report/how-the-growth-of-solar-energy-will-boost-silver-demand/
...in summary, countries like China and India (both of which have very large populations) are soon set to expand their energy infrastructures using solar power.
Silver is one possible component in photovoltaic cell manufacturing.
And just this week in the US, California announced plans to make most new homes "to come equipped to draw on solar power" by 2020.
Source: http://www.builderonline.com/building/californias-new-solar-rules-getting-beyond-first-cost_o
My simple conclusion;
If Silver is heavily relied upon in the solar energy market, along with several others in computer electronics and medical-goods manufacturing, there will be a big rise in its price in the not to distant future.
These are my opinions, read the articles and make your own deductions.
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Eventually, the manipulation will be broken as the west deals in paper silver and the east deals with physical possession of the metals. The west uses debt, the east uses debt to fund infrastructure projects. You decide????
Thank you for your continued support of SteemSilverGold
I agree with you. The only problem is if silver goes too much higher, they will substitute it for cheaper material and silver will go down again...
yes, it is a cycle... price goes up, price goes down.
but I am also seeing that (in comperision) industrial and reclaimed silver will be cheaper for manufacturing sectors, and things that are not in the Coin or 'silver collector' markets (where silver will still be getting less available), will become more expensive.
For medical use; as silver is a pure metal, there's not much of a cheaper substitute for some of its intrinsic properties like its antibacterial and electric conductivity properties for BCI (brain computer interface), and also in nerve stimulation uses for some examples that were not in these articles.
Another reason I think silver will gain more value in the near future is that silver is not mined exclusively as much as it used to be, it can be extracted as a byproduct from gold mining. however, a lot of companies will reclaim and reuse their scrap silver 'in house' first before they buy new silver on the market. meaning their use of silver is not reflected as much in the markets since they are not buying as much of it, but it is still in high demand for different uses, and becoming harder to obtain in the collectors market, for people like us, who collect and/or invest in non useful silver things.
Silver will be cheap to them (the companies) but expensive for us (the stackers).
I hope I make sense .
The future looks shiny and bright for Ag 😎👍