Silver is going INSANE!
The world is recognizing SOUND MONEY!
(media.greatawakening.win)
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No they are very short on silver,they need the price down.
Jan 1 the Chinese will have export controls on silver,so it should go up a lot.
correct they claim they are short on silver. I am never going to take the word of the Chinese government ever saying anything truthful to the world. We have no idea what they have. What we do know is they are the one of the supreme suppliers of Lithium and they want to keep that control over others. :)
With silver,we don't need as much lithium or any.
try and explain a different way.
Silver batteries in my opinion are awesome and better than lithium for sure.
China is not dumb. They are a huge country with much resources. They control the majority of lithium and about half of silver production via their internal country and Australia. Mexico is the largest in the world for silver which is USA's neighbor.
EV's are made with Lithium and I will never buy one of those. I prefer oil. Oil is a natural resource. it is THE natural resource for the world to function.
China wants to control the world. They have proclaimed that over the years. Controlling the world is controlling climate change and EV's with Lithium batteries.
Now they are seeing silver batteries coming on the market from Samsung. Samsung is South Korea not China. Plus Samsung will allow Elon and others to build their own silver batteries and such with patents and/or new pattens for silver batteries will emerge.
It is Chinese interest to cause silver to sky rocket in an attempt to create it impossible to sell silver batteries to the public. So for a time we will benefit from this and it may very well stick to in the long run of psychology for silver and gold prices.
If you were in the market to buy an EV and you see two of them and one is 10 dollars and the other is 50 dollars. Which one would you buy? I know you would buy the one with the silver battery, but normal people will not. They will see two EV's with the exact same specs and buy the cheaper one and just like the war with VHS and Beta Cassettes the one who wins will be the cheaper one.
People who buy EV are not your normal consumer,they will look at the convenience of silver batteries and their long life in many/ most cases. Just like people want to have the best phone,many will want the best battery for it as well.