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<p>[QUOTE="Gam3rBlake, post: 7808844, member: 115909"]I agree it’s a fact that silver is no longer used in many of the ways it once was such as coinage & silverware.</p><p><br /></p><p>However it’s also true that today silver is used for many things that it was not in the past.</p><p><br /></p><p>For example electronics, solar panels, water purifiers, medical applications and many others.</p><p><br /></p><p>Solar in particular is where I see the biggest potential.</p><p><br /></p><p>I don’t want to bring politics or anything into the forum but I do think that solar is going to become cheaper and more popular and according to articles I’ve read it takes about 1 troy oz of silver to make 1 solar panel. Most buildings have several panels.</p><p><br /></p><p>I think eventually every new home built will be required to have solar panels (cause global warming) and even if that doesn’t happen I think solar panels will still become more widespread resulting in increased demand in silver to make them. </p><p><br /></p><p>Not just in the US either but I think they will be in demand in every developed country.</p><p><br /></p><p>But yeah I think because we use silver for so many different things there is an still that underlying demand.</p><p><br /></p><p>The fact is silver is the best metal to use for many things and so I think it will be used and in demand.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 7808844, member: 115909"]I agree it’s a fact that silver is no longer used in many of the ways it once was such as coinage & silverware. However it’s also true that today silver is used for many things that it was not in the past. For example electronics, solar panels, water purifiers, medical applications and many others. Solar in particular is where I see the biggest potential. I don’t want to bring politics or anything into the forum but I do think that solar is going to become cheaper and more popular and according to articles I’ve read it takes about 1 troy oz of silver to make 1 solar panel. Most buildings have several panels. I think eventually every new home built will be required to have solar panels (cause global warming) and even if that doesn’t happen I think solar panels will still become more widespread resulting in increased demand in silver to make them. Not just in the US either but I think they will be in demand in every developed country. But yeah I think because we use silver for so many different things there is an still that underlying demand. The fact is silver is the best metal to use for many things and so I think it will be used and in demand.[/QUOTE]
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