The recent silver market

[emeryjre]

The silver bugs have discovered that solar panels average about 20 grams of silver inside

$40 value at $2.00 a gram

If you have panels, watch out for silver thieves

 

[Ralph Sir Edward]

Every heard of copper thieves?

 

[Brett]

Every heard of copper thieves?

The copper hoarders!
Sacks of pennies in the basement waiting to be discovered

 

[easyrider]

Wouldn't this cause most people to think it is in A bubble and sell? Wouldn't they buy when there is blood in the streets?

It could go either way but it looks like it may go over $100 soon. The shfe Shanghai Futures Exchange is paying over spot prices that has been creating an arbitrage play of physical silver. The paper contracts were being used at the comex to suppress the physical price but the momentum has shifted because of the backwardation causing a silver squeeze.

Bill

 

[Carolinian]

The silver bugs have discovered that solar panels average about 20 grams of silver inside

$40 value at $2.00 a gram

If you have panels, watch out for silver thieves

Getting the silver out while dealing with the toxic components would be a fool's errand, but I guess to be a thief, you have to be a fool to begin with.

 

[Carolinian]

It could go either way but it looks like it may go over $100 soon. The shfe Shanghai Futures Exchange is paying over spot prices that has been creating an arbitrage play of physical silver. The paper contracts were being used at the comex to suppress the physical price but the momentum has shifted because of the backwardation causing a silver squeeze.

Bill

With silver, it is a matter of supply and demand, and supply is in the short rows. Of course, the silver market has historically been manipulated through the paper silver market, but that may be dangerous to try right now with more and more paper silver contracts standing for delivery and the reserves of actual metal being a lot less than paper exposure. A crash of the paper market would turbocharge the upside of the physical silver market.

 

[emeryjre]

Getting the silver out while dealing with the toxic components would be a fool's errand, but I guess to be a thief, you have to be a fool to begin with.

Please tell us what you know about silver recovery

Please tell us all about the other toxic components of a solar panel

What are these components and what is the average amount in a solar panel

 

[Carolinian]

Please tell us what you know about silver recovery

Please tell us all about the other toxic components of a solar panel

What are these components and what is the average amount in a solar panel

If you are not familiar with the toxic substances in solar panels, please refer to items #3 and #12 in this article:

Letter #16

www.ourweb.tech

Silver recovery varies, of course, depending on what it is being recovered from.

 

[ScoopKona]

Letter #16

www.ourweb.tech

A couple nutters who are worried about smart meters, cell towers, cellular signals, and solar energy. Presumably they're against 5G and wifi as well.

I trust this information just as much as I do anything from this guy:

 

[TolmiePeak]

It could go either way but it looks like it may go over $100 soon. The shfe Shanghai Futures Exchange is paying over spot prices that has been creating an arbitrage play of physical silver. The paper contracts were being used at the comex to suppress the physical price but the momentum has shifted because of the backwardation causing a silver squeeze.

Bill

There is no doubt that the price will collapse and many people will get wiped out. It always happens. The only question is does the price collapse from it current level, $100, $200, $500? And when it collapses. Who knows.

 

[TolmiePeak]

A couple nutters who are worried about smart meters, cell towers, cellular signals, and solar energy. Presumably they're against 5G and wifi as well.

I trust this information just as much as I do anything from this guy:

Maybe the people in Hawaii who don't have solar panels on their roof listened to this nonsense. I would think you would get a return on your upfront investment faster in Hawaii than anywhere else in the US.

 

[ScoopKona]

Maybe the people in Hawaii who don't have solar panels on their roof listened to this nonsense. I would think you would get a return on your upfront investment faster in Hawaii than anywhere else in the US.

San Diego pays slightly higher rates. But otherwise, yes. The added advantage is that our "grid" isn't particularly reliable. But enough sunshine to cast a shadow is. (That's all we need to generate enough power to keep the refrigerator running.)

 

[easyrider]

With silver, it is a matter of supply and demand, and supply is in the short rows. Of course, the silver market has historically been manipulated through the paper silver market, but that may be dangerous to try right now with more and more paper silver contracts standing for delivery and the reserves of actual metal being a lot less than paper exposure. A crash of the paper market would turbocharge the upside of the physical silver market.

I heard the rumor that the silver trusts have decided this weekend to do a forced cash out ,meaning instead of being able to demand physical silver, an investor now gets USD value from last Friday's close. Supposedly, the trusts will pay around $78 to investors and pocket the rest.

Bill

 

[easyrider]

There is no doubt that the price will collapse and many people will get wiped out. It always happens. The only question is does the price collapse from it current level, $100, $200, $500? And when it collapses. Who knows.

The silver price is expected to increase through 2026 because of demand. Samsung needs somewhere near 50 billion ounces for their new EV battery. Basically, the Samsung EV battery technology uses a silver - carbon composite in a solid state battery. It's the silver carbon composite solid state battery cell that is the main culprit creating silver demand in 2026, imo.

Then there is the gold price reset to think about. When or if this happens at the Treasury level ,gold values are expected to be way higher than the about $42 per ounce statutory value. It could go higher than market value is what many gold guys say. Whatever this value ends up being, using the current silver to gold ratio gives an idea where silver prices might end up.

Bill

 

[Carolinian]

There is no doubt that the price will collapse and many people will get wiped out. It always happens. The only question is does the price collapse from it current level, $100, $200, $500? And when it collapses. Who knows.

You have to look at the market fundamentals. There is a shortage of supply already, with annual demand exceeding mine supply for a number of yerrs already, and into the foreseeable future. Market prices are set by supply and demand, and there is nothing on the horizon that says those fundamentals will change. Indeed with multiple countries including the US declared silver a critical strategic mineral, the demand side is likely to increase. When only 35% of silver went to industrial uses, it was much more prone to speculation than when 85% does.

 

[jabberwocky]

There is no doubt that the price will collapse and many people will get wiped out. It always happens. The only question is does the price collapse from it current level, $100, $200, $500? And when it collapses. Who knows.

All bubbles eventually burst, but they typically go on longer that what a rational person would expect and can remain solvent.

 

[jabberwocky]

You have to look at the market fundamentals. There is a shortage of supply already, with annual demand exceeding mine supply for a number of yerrs already, and into the foreseeable future. Market prices are set by supply and demand, and there is nothing on the horizon that says those fundamentals will change. Indeed with multiple countries including the US declared silver a critical strategic mineral, the demand side is likely to increase. When only 35% of silver went to industrial uses, it was much more prone to speculation than when 85% does.

I agree that there is a current supply imbalance, but the cure for high prices is usually high prices and the demand destruction it causes. I suspect manufacturers will start looking at alternatives to silver in their products where possible. A similar thing happened with platinum in catalytic converters - manufacturers started using palladium.

When we see people starting to take in their silver teapots to get melted down that will be my signal to completely exit the market.

 

[TolmiePeak]

You have to look at the market fundamentals. There is a shortage of supply already, with annual demand exceeding mine supply for a number of yerrs already, and into the foreseeable future. Market prices are set by supply and demand, and there is nothing on the horizon that says those fundamentals will change. Indeed with multiple countries including the US declared silver a critical strategic mineral, the demand side is likely to increase. When only 35% of silver went to industrial uses, it was much more prone to speculation than when 85% does.

Won't the high price lead to more mining and users to move toward alternatives to manufacturer their products? The market always self corrects. Government intervention may prop up the price for awhile but in the end the market always wins.

 

[emeryjre]

If you are not familiar with the toxic substances in solar panels, please refer to items #3 and #12 in this article:

Letter #16

www.ourweb.tech

Silver recovery varies, of course, depending on what it is being recovered from.

Katie Singer writes about the energy, extractions, toxic waste and greenhouse gases involved in
manufacturing computers,
telecom infrastructure,
electric vehicles
and other electronic technologies.

Her own description of herself
She believes that if she’s not aware that she’s part of the problem,
then she can’t be part of the solution.
She dreams that every smartphone user learns about the supply chain of one substance (of 1000+) in a smartphone.
Her most recent book is An Electronic Silent Spring.
She currently writes about nature, democracy and technology for Meer.com.
Visit www.OurWeb.tech and www.ElectronicSilentSpring.com.


Same arguments you continue to espouse on a regular basis

She is opposed to anything electronic
She describes the manufacturing process of electronic components as "toxic"

#12 is based on a statement from 2015 that solar panels are simply not recyclable

A fool's errand is what you call recycling solar panels

You ignore the overwhelming evidence of the growth of solar recycling
This was happening even before the value per panel increased dramatically

 

[Carolinian]

I heard the rumor that the silver trusts have decided this weekend to do a forced cash out ,meaning instead of being able to demand physical silver, an investor now gets USD value from last Friday's close. Supposedly, the trusts will pay around $78 to investors and pocket the rest.

Bill

Some of those trusts have had rumblings for some time of not holding anywhere near enough actual silver to cover their ETF paper. If too many people want their silver, then they have a problem. There is one of those trusts based in Canada that is supposed to be the best on actually having the actual silver.

 

[Carolinian]

Katie Singer writes about the energy, extractions, toxic waste and greenhouse gases involved in
manufacturing computers,
telecom infrastructure,
electric vehicles
and other electronic technologies.

Her own description of herself
She believes that if she’s not aware that she’s part of the problem,
then she can’t be part of the solution.
She dreams that every smartphone user learns about the supply chain of one substance (of 1000+) in a smartphone.
Her most recent book is An Electronic Silent Spring.
She currently writes about nature, democracy and technology for Meer.com.
Visit www.OurWeb.tech and www.ElectronicSilentSpring.com.


Same arguments you continue to espouse on a regular basis

She is opposed to anything electronic
She describes the manufacturing process of electronic components as "toxic"

#12 is based on a statement from 2015 that solar panels are simply not recyclable

A fool's errand is what you call recycling solar panels

You ignore the overwhelming evidence of the growth of solar recycling
This was happening even before the value per panel increased dramatically

I posted that for the list of toxic substances, which she sets out. Do you contest that those substances are in solar panels or alternatively that they are toxic? The rest of your response is just a diversion..

 

[emeryjre]

She is using the same list as found in a CPU

These items are not found in solar panels

 

[Carolinian]

Won't the high price lead to more mining and users to move toward alternatives to manufacturer their products? The market always self corrects. Government intervention may prop up the price for awhile but in the end the market always wins.

It takes years to ramp up mining for silver. One of the oddities on silver mining is that much of the silver mined is produced along with another metal, so trying to ramp up mining makes sense when taking both silver and the other metal into account. With one big silver miner in Poland, the main other metal they produce is copper, which is also soaring in price. Still with all of the things necessary to open a new mine, it takes years to do that, especially where there is a whole lot of bureaucracy involved like in mineral rich Canada.

 

[Carolinian]

She is using the same list as found in a CPU

These items are not found in solar panels

This article from the Harvard Business Review described the toxic materials in solar panels as "heavy metals"

The Dark Side of Solar Power

Solar energy is a rapidly growing market, which should be good news for the environment. Unfortunately there’s a catch. The replacement rate of solar panels is faster than expected and given the current very high recycling costs, there’s a real danger that all used panels will go straight to...

hbr.org

Solar panels are starting to die. What will we do with the megatons of toxic trash?

Most solar manufacturers claim their panels will last for about 25 years. That means the solar e-waste glut is coming.

grist.org

But given that the other link was embedded in an article by a local and well regarded eastern NC physicist John Droz, who I know personally, if he stands by it, I would take his opinion over yours, Sorry.

 

[emeryjre]

This article from the Harvard Business Review described the toxic materials in solar panels as "heavy metals"

The Dark Side of Solar Power

Solar energy is a rapidly growing market, which should be good news for the environment. Unfortunately there’s a catch. The replacement rate of solar panels is faster than expected and given the current very high recycling costs, there’s a real danger that all used panels will go straight to...

hbr.org

Solar panels are starting to die. What will we do with the megatons of toxic trash?

Most solar manufacturers claim their panels will last for about 25 years. That means the solar e-waste glut is coming.

grist.org

But given that the other link was embedded in an article by a local and well regarded eastern NC physicist John Droz, who I know personally, if he stands by it, I would take his opinion over yours, Sorry.

Why Coal Ash Is Far More Dangerous​

1. Volume difference is extreme​

Coal ash output dwarfs solar waste by hundreds of times.One study shows fossil fuels generate 500× more waste than solar.

2. Coal ash is loose, powdery, and mobile​

It blows in the wind, spills into rivers, and leaches into aquifers.

3. Solar waste is solid, laminated, and sealed​

Panels are like glass sandwiches — metals are immobilized.

4. Coal ash ponds routinely leak​

Over 90% of U.S. coal plants contaminate groundwater.

5. Solar toxicity concerns are mostly misinformation​