Photonaware said:
I thought solar panels tended to use silicon and other semiconductor based materials, not silver.
Even so surfaces would be coated so thin that an ounce would cover several football fields.
Once silver becomes too costly for industry it will be replaced by some other cheaper alternative.
A lot of precious metals will become more economic to recover / recyle if the price gets too high.
Notice we don't use silver anymore in photography.
Had the digital camera not been invented then we would be predicting a run on silver due to photography and graphic arts.
Not convinced silver will ever attain $100 per ounce or come close to parity with gold.
Maybe gold is overpriced and will fall making the Au/Ag ratio drop a bit rather than arguing silver has to rise based on this ratio?
I thought solar panels tended to use silicon and other semiconductor based materials, not silver.
Why solar panel such a big deal? Solar panel NOT using silver should not be a basis of silver argument. There aren't that many solar panels compare to other electronics which utilize silver. From your keyboard, mouse, monitor, computer, mobile phone, dvd player, tvs, basically everything that uses circuit board uses silver. Do you know your DVDs and CDS uses a thin coat of silver film? How many DVDs and CDs did you throw away each year?
Once silver becomes too costly for industry it will be replaced by some other cheaper alternative.
Like what? Silver is the best semiconductor, the best metal to conduct electricity and heat. What are the alternatives? Gold, Platinum, Palladium? They will ended up cost more.
Silver is an element, you can't manufacture element.
A lot of precious metals will become more economic to recover / recycle if the price gets too high.
Really? Do you envision people recycling DVD, CD discs and every electronic systems? Just look at plastics and papers, only a FRACTION of them being recycled. Most people don't bother. How are you going to force people to recycle every electronics and circuit boards?
Notice we don't use silver anymore in photography.
Notice how rapid technology increasing? Modern life find more and more uses of silver every day. We use silver in every aspect of our lives, from entertainment system, medical, telecommunication, military, household appliances, you name it. Notice how many mobile phones being produced every year and how often people CHANGE their mobile phones?
Silver no longer used in photography, but Digital camera uses silver, the computer and printer that produces the photo uses silver.
Had the digital camera not been invented then we would be predicting a run on silver due to photography and graphic arts.
I Don't understand this point.
Maybe gold is overpriced and will fall making the Au/Ag ratio drop a bit rather than arguing silver has to rise based on this ratio?
At the current price, Gold is still underpriced if you inflation adjust. If gold is underprice, silver is even less than underprice.
