Solar Panels and $100 Silver

 

In case you missed it, Solar Panel production more than doubled in 2023.

 

At the same time, renewable energy installations grew by 50 percent, and about three-quarters of that gain was in the form of solar panels.

 

In the process, since October 2023, the price of silver has gone from $21 per ounce to over $32 per ounce as of yesterday.

And that is the highest it has been since 2013.

 

That’s a cool 52% increase in 7 months.

 

But that is only the beginning.

 

Because, based on current trends, solar panel factories are expected to buy 170 percent more silver by 2030, raising the demand to 273 million ounces.

 

China – the biggest solar panel producer in the world – is expected to double its solar panel production by 2024.

 

And, get this, China continues to hold at least 80 percent of the global market share.

 

 

Translation:  If you don’t own any silver, you will likely miss out on one of the greatest bull markets in history.

 

 

Solar Panels and Then Some

 

 

 

The no-brainer summary:  In addition to solar panels, along with gold prices, silver will continue to rise.

And in addition to investment, it is heavily used not only in the solar world but also in hi-tech equipment…computer’s, cell phones etc.

 

Ironically (or NOT) and unlike gold which has stockpiles, when the computer and cellphone die, they, along with the silver contents are buried with them.

As a result, new silver must be mined.

 

This, for the most part, follows our ongoing claim that we are in the early stages of a Monster Bull Market in Commodities.

 

Are you starting to see the picture here?

 

Ironically (or NOT) you can claim your part in “going green to save the world” without being WOKE.

 

Because unless the transition to solar energy completely dies, the demand for solar panels AND SILVER will skyrocket to waaaayyyy over $100 per ounce.

So, buy silver mining stocks and save the world in the process.

 

And for a recent list of silver stocks we like, look at our April issue of “…In Plain English” (HERE).

 

Share this with a friend…especially if they appreciate silver being very cheap (for NOW).  They’ll thank YOU later.

 

And tell them:

 

We’re Not Just About Finance

But we use finance to give you hope.

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