For perspective, a pre-1965 Quarter is now worth $14 and change.
If only I had bought silver when it was cheap.
I got lucky and bought a set of 8 sterling (92.5%) silver flatware for $30 in about late September for $30. The net meltable silver was 75 ounces.
In September, it was worth $2,500 in melt value.
Today, it is worth $5,925.
Wow!
Cannot continue at this pace
It will fall back to below 50 soon. I could be wrong.
Silver hit $50 during the Hunt brothers era. That was worth lot more than $79.
Both Silver and Gold entered a generational Bull run in 2023. Historic highs people say, but the Truth is much different.
Gold hasn’t gone “ up”, the amount of paper dollars to buy it has gone down, drastically. Until one can see what is happening, they will be losing Wealth.
Many complain about Inflation, I laugh. Measured in dollars it is frightening high and rising. Measured in Gold and Silver things have NEVER, ever been cheaper.
The answer to preserving Wealth and laughing at Inflation is to keep stacking.This generational PM Bull just started ( in 2023), and will continue into at least 2030.
Material ρ (Ω•m) at 20 °C Resistivity
Silver 1.59×10−8
Copper 1.68×10−8
Aluminum 2.82×10−8
https://www.thoughtco.com/table-of-electrical-resistivity-conductivity-608499
The use of silver in solar panels may come to a halt.
“Among metal additive manufacturing technologies, the two most widely used forms are direct energy deposition (DED)... and powder bed fusion (PBF), and in PBF, it is further divided into selective laser melting (LPBF) with a continuous laser as the energy source (accounting for 82% of the PBF market in 2016) and electron beam powder bed melting (EBPBF) with an electron beam as the energy source.
“In terms of applicable materials, nickel (Ni)-based, titanium (Ti)-based, aluminum (Al)–copper (Cu)-based, iron (Fe), zinc (Zn), tantalum (Ta)-based, molybdenum (Mo)-based alloys and alloys such as 316L and 304 stainless steel all show good results in the LPBF process”
https://www.mdpi.com/2072-666X/15/7/846