If Silver really went anywhere near $2k / oz, plan on everyone melting down their tv's and phones and any other gadgets that have silver in them. All these solar panels everywhere.......imagine how much those would be worth melted down.
You'd have to sell phones, tvs, etc for at LEAST the price of the silver contained in them, which would make them insanely expensive. Then people will just go melt them down anyway.
You can't even keep people from stealing copper Tesla charging cables, and copper is cheap AF by comparison.
Just my own thought. Maybe Im way off.
Honestly, though, Im perfectly happy to go back to the stone age with stacks of silver in my cave.
The amount of Silver in most devices is extremely small. The technology to remove the silver in usable form isn't available to most people and would cost something to implement. So no, that isn't going to be the determining factor here. Yes, the cost of these items will go up and likely slow demand. But that will just ensure that silver is properly allocated due to it's scarcity. The more frivolous uses will go away. Maybe getting everyone to buy solar panels is a way to more widely disburse this valuable asset amongst the population? Perhaps in the future everyone will be taking down their panels and cashing in? Who knows, maybe that's the plan?
Solar has a lot of silver in it and would probably no longer be profitable. But a phone has supposedly like $0.10 of silver in it. I wouldn't worry that we would loose access to all tech due to higher silver price
IDK. Might ruin technology as we know it.
If Silver really went anywhere near $2k / oz, plan on everyone melting down their tv's and phones and any other gadgets that have silver in them. All these solar panels everywhere.......imagine how much those would be worth melted down.
You'd have to sell phones, tvs, etc for at LEAST the price of the silver contained in them, which would make them insanely expensive. Then people will just go melt them down anyway.
You can't even keep people from stealing copper Tesla charging cables, and copper is cheap AF by comparison.
Just my own thought. Maybe Im way off.
Honestly, though, Im perfectly happy to go back to the stone age with stacks of silver in my cave.
The amount of Silver in most devices is extremely small. The technology to remove the silver in usable form isn't available to most people and would cost something to implement. So no, that isn't going to be the determining factor here. Yes, the cost of these items will go up and likely slow demand. But that will just ensure that silver is properly allocated due to it's scarcity. The more frivolous uses will go away. Maybe getting everyone to buy solar panels is a way to more widely disburse this valuable asset amongst the population? Perhaps in the future everyone will be taking down their panels and cashing in? Who knows, maybe that's the plan?
Great thoughts!
Solar has a lot of silver in it and would probably no longer be profitable. But a phone has supposedly like $0.10 of silver in it. I wouldn't worry that we would loose access to all tech due to higher silver price
Perhaps it is a good idea.
😆 I had no idea Trump said that.
I made a similar comment on Gab just 3 days ago.
I have replaced my wipers 5x in 4 years.
Growing up, I swear I saw my Dad replace the wipers maybe 3x in 18 years.
I've definitely noticed the built-in degradation of wipers.
The ChiComs use scrap/junk rubber to make the wiper, then sell the junk to us at $25 a pop.
Yeah. The amount of silver in a 5G tower? Those won't last. Tesla/EV motors? There's like 5lbs of silver in each motor. Gone!
"Copper thieves" will surely become "silver thieves" overnight and nothing infrastructure-related that has any melt value, will be safe.
True. At least the fortune seekers can then be counting their blessings.
This would make a used Tesla worth something! LMAO
But if it’s expensive can we go back to the great quality we had in the past where it runs for a long time and can be repaired versus cheaply replaced
There is only one corroraly to expensive leading to quality: .gov monopoly.
The latter is without fail: expensive and lousy. Like Nervous Nancy.
Im secretly hoping that's the plan.
We can either have Humanity, or we can have digitization of everything, but not both
I choose the former........
Why do that when you can grow your own.
58 Troy Ounces Of Silver In 15 Days
I was wondering why all the Tesla charging stations I saw this weekend were missing their plugs…