Post by
MaterialsMan on Jan 09, 2024 8:16am
For what it's worth
Pundits and prognosticaters are suggesting that demand for solar panels is going through the roof.
FURY's fortunes are somewhat tied to silver (DOLLY). One solar panel I believe requires between a half and a full oz. of silver. Demand for silver as a result is expected to exceed demand soon.
Microsoft has supposedly made a deal with a Korean company to provide panels big time.
In fact, as a result, there are plans for a 2.5 billion dollar plant in Georgia.
This all sounds rosy for silver. But, beware. Things can change. If the price of silver becomes prohibitive, copper is said to be an even better alternative.
I guess because silver has always been used, there is reluctance to change while silver is still cheap.
Everything is a gamble. Look what's happened to the price of Lithium almost overnight.
Maybe we can hope that someone takes out FURY for the DV shares before any of this comes to fruition.
Comment by
GoldenOrb on Jan 09, 2024 11:38am
I disagree with the copper theme. Silver is the far greater conducter of electrons then copper . To measure the continued efficiency of solar panels, silver will increase in amount per panel. Efficiency for the industry is imperative, so silver use in solar will largely increase. IMHO
Comment by
MaterialsMan on Jan 09, 2024 4:59pm
I sure hope you are right about that. If you are, silver and the companies that own mines should do quite well. With the constant banter about silver's industrial use, it's hard to believe that the price remains flat.