If solar goes mainstream will silver prices skyrocket?

Discussion in 'Bullion Investing' started by Gam3rBlake, May 29, 2021.

  1. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I buy that the hydrogen vehicles themselves are clean, but the claims of the low carbon footprint of HFC technology are still rooted in fossil fuel production of the hydrogen, at least for the near future.
     
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    True, but also noisier. I think one reason they moved to their current location is to get away from noise. It also seems like generator engines take a lot more maintenance and attention, which they'd rather spend elsewhere.

    Our next-door neighbors, on the other hand, have an invalid son who's on a respirator. They got a natural-gas-fired permanent generator. They don't need it often, but losing power for them is an immediate life-threatening emergency. We're all quite willing to put up with the noise when that happens.
     
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  4. -jeffB

    -jeffB Greshams LEO Supporter

    Yes, because that production path is cheaper for now (and has more existing production capacity). The balance of production will change swiftly if other methods become cheaper (say, electrolysis using cheap and plentiful solar-generated power), or if demand emerges for "green" hydrogen. More chickens and eggs.
     
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  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Acknowledged, although likely viewed as an infrequent interruption.

    My observation of those living off the grid is that they are very hands-on, and actually like that sort of thing more than most.

    I would never anticipate such a family having other than a permanently installed, full-blown standby generator system.
     
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  6. -jeffB

    -jeffB Greshams LEO Supporter

    And battery backup for the respirator itself, and a manually-operated respirator in case of the very unlikely double failure. Life-critical systems are their own thing, and not something even I would be tempted to homebrew. (And I've homebrewed some really inadvisable systems in the past.)
     
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  7. Kurisu

    Kurisu Supporter! Supporter

  8. -jeffB

    -jeffB Greshams LEO Supporter

    I've seen references to those before. I'm still pretty skeptical. To generate power from a thermal difference, you need a warm side, and radiating into a cold sky cools things off very quickly. Thermal generation is also inherently inefficient. It's better than just letting the energy radiate off into space without trying to catch it, but it would be awfully expensive per unit of energy captured.
     
  9. Kurisu

    Kurisu Supporter! Supporter

    It's likely to at first be a solution to not wasting ANY of the day charging the batteries, generating electricity, and feeding back onto the grid. We have quite a generous program from the electric company already here in this area if you are using solar or wind and/or feeding back onto the grid. Tax breaks as well.

    If you think too logically about the transparent solar panels they would at first thought be counter-intuitive and not be so wonderful either...science/engineering is doing some pretty cool stuff!!! Imagine new homes where almost the entire surface of the home, including the windows, is generating power...:woot:
     
  10. benveniste

    benveniste Type Type

    I apologize for the typo. The photographic market was a quarter of a billion ounces, not 1/4 million. So, you'd need over 10 million homes @ 12 ounces each to make up the difference.
     
  11. Black Friar

    Black Friar Well-Known Member

    Informationally, we just installed 18 panels with around $8,500 in US and State government direct cash payments to help defray the costs. With that in the bank we can put the lump sum directly to the loan we incurred, or use it as part of a monthly payment each time.

    It will knock off at least $100.00 of our average monthly electric energy costs. We also have had passive solar panels that heat our water since we purchased the house in 1982. They are effective at heating our water at 45 degrees f. We had to replace them once due to storm damage; our homeowners insurance paid for those repairs. I recommend you contact your state govt. to see if there are any programs that can cover a large part of your cost.

    As the science evolves, I suspect so will materials that might be able to replace or work in conjunction with the silver. I'm an optimist. Plus with the savings I can buy more coins. "Always look at the bright side of life."
     
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  12. manny9655

    manny9655 Well-Known Member

    In some parts of the country, solar will never go mainstream, such as where I live (NE Ohio). It just isn't practical here when you have so many overcast days. I wouldn't bet on solar becoming mainstream in a lot of other places, too.
     
  13. Kurisu

    Kurisu Supporter! Supporter

    New solar tech does not need direct sunlight. Efficiency is best in direct sunlight for traditional panels but they absolutely still work plenty in cloudy weather and indirect sunlight.
     
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  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Every house built here in Vegas comes with
    solar option, it’s a great way to offset yiur
    electric bill :)
     
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  15. manny9655

    manny9655 Well-Known Member

    I'm sure Bill Gates will be happy to hear that. No thanks.
     
  16. Kurisu

    Kurisu Supporter! Supporter

    Sorry but this makes absolutely zero sense to me.
    Do you mind enlightening me as to what that means exactly?
     
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  17. royster

    royster southroy Supporter

    I read there is not enough silver in the world to make solar power sustainable but Silver has already been halved in the amount needed. Now there is talk of replacing silver completely buy using Aluminum and Copper. As mentioned before batteries are toxic but they have been improving on that as well. So time will tell but i do not think silver will be the answer imho. Also during the next decade,non silver based PV TECHNOLOGIES Resources will be more efficient requiring fewer panels. I'm from Florida and have been looking into this but by no mean's am i and expert i have just been reading about it. Resources from pv magazine and SOLARTO Battery storage solutions.
     
  18. manny9655

    manny9655 Well-Known Member

  19. fretboard

    fretboard Defender of Old Coinage!

    Yes, that could mean all these people stocking up on silver are living in a dream world. That said many Silver dealers on Youtube are trying to pump up the premiums even higher than they already are. :rolleyes:
     
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  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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  21. royster

    royster southroy Supporter

    Exactly! Bargain Barry used to push silver bullion which i still have in cases of emergency bartering but silver stackers beware. Now Rick Tomaska is pushing bullion and also special NGC Labels? Gee Rick what ever happened to buy the coin's and not the labels? I get sick of coin hucksters having labels unique only to them:mad: If labels are now so important they should be available to everyone:cigar:
     
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