silver coin

Samsung Silver Battery an Industrial Leap

By X15 | Gold Silver Fiat & Crypto | 6 Sep 2024


Samsung has come up with a new battery that is solid state and contains silver. 

And look at this quote from the article linked below.

Potential Impact on Silver Demand

"If 20% of the 80 million vehicles produced annually adopt Samsung's SS batteries, it would create a demand for 16,000 metric tons of silver per year."     From a different location:  The total production of silver is "Global silver mine production 2023 -May 22, 2024  The estimated global production of silver in 2023 amounted to 26,000 metric tons. The worldwide production of this precious metal has seen a continual annual increase since 2020. Humans have been mining and processing silver since antiquity."   Now I ask you what do you think this is going to do to the world SILVER MARKET? Only 10,000 metric tons left and that is not including all the electronics in phones, jewelry, solar panels and many other electronic products.   Do you think silver will go up from here?  It seems obvious that your car battery in the future may be worth more that your car. UM? OR not!   This is a industrial leap forward if it proves to be accurate and true. Yet we must wait and see as words may not be in touch with results. However, if it is correct, it seems silver is about to explode in value across the world.    With the silver mining not keeping up with production in the future seems obvious silver prices will rise. 
Or Not, if the corporations and bankers are still in power to control the price.    Bitcoin may go to 200,000 in the future it may go to zero in the future but silver is going to become even more valuable in this world as it has real world applications. Bitcoin has only a few.   

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X15
X15

I'm just curious about a lot of things.


Gold Silver Fiat & Crypto
Gold Silver Fiat & Crypto

Just rambling about any of the above or all at the same time or nothing at all.

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