RE: Are We There Yet?
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In your opinion, if major companies, especially Tesla, invested in silver, would it be possible to witness an increase of its price?
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You are viewing a single comment's thread:
In your opinion, if major companies, especially Tesla, invested in silver, would it be possible to witness an increase of its price?
My opinion is that the "Green Energy" lacks the resources to make any difference, as there is not enough silver, nickel, cobalt nor lithium for a sustainable move to any meaningful shift to EV and solar power.
It all seems to me to be a con, especially given the fact that all these materials are ripped from the Earth utilizing Diesel Power in the West and Slave Labor in Africa.
Silver is fast becoming a Commodity as opposed to a Precious Metal. Who knows where this all goes BUT in my opinion physical silver is absolutely at the heart of the "Green Energy" movement. So as long as the folly marches forward, I can not see a scenario where major "Green Energy" players if they were serious would not be involved in securing silver as well as the other metals I mentioned. By the way as long as these companies remain "users" of the metals and not producers of these metals then the price will remain suppressed on paper.
Great question.