/r/Silver
All things Silver (Ag47).
/r/Silver
The extinction of silver as an element on the periodic table is a concerning prospect that merits serious consideration.
Silver is indeed at risk of disappearing entirely and its availability for industrial and technological applications are becoming severely limited in the upcoming weeks and months.
The absence of significant new silver discoveries in the past decade is particularly alarming
The lack of silver mining success comes at a time when Silver demand is rapidly increasing across multiple sectors.
The metal's unique properties make it indispensable for conductivity, reflectivity, and anti-corrosion applications in industries ranging from electronics to renewable energy
The rise of electric vehicles, aerospace, military, AI data centers, 5G networks, and solar power installations is driving unprecedented demand for silver
Each of these technologies requires substantial amounts of the metal. For instance, a single solar farm can consume hundreds of thousands of ounces of silver.
Every gigawatt of solar uses 700,000 ounces of silver
Pressurized water reactors (PWRs) commonly use silver-indium-cadmium (Ag-In-Cd or AIC) alloy control rods for neutron absorption. Here are the key details about the use of this alloy in PWRs:
The typical composition of the Ag-In-Cd alloy used in PWR control rods is:
This composition is chosen for its excellent neutron absorption properties
The Ag-In-Cd alloy offers several benefits for use in PWR control rods:
While the exact amount of Ag-In-Cd alloy used can vary depending on the specific reactor design, a typical PWR would use between 2000 to 5000 kg of the alloy in its control rods. The majority of this mass (about 80%) would be silver, amounting to approximately 1600 to 4000 kg of silver per reactor
Westinghouse Nuclear Energy delivers power by the truckload
Many of you all know I live in Pittsburgh
Westinghouse Electric Company, headquartered in Cranberry Township, (a suburb of Pittsburgh Pennsylvania,) is developing two innovative nuclear power solutions for rural settings.
The first is the eVinci microreactor, a small modular reactor designed for remote locations. This compact unit can be transported on a truck and provides reliable, carbon-free energy for various applications
Major tech companies like Google, Microsoft, and Amazon are increasingly exploring nuclear power options to meet the growing energy demands of their AI data centers. These companies are attracted to nuclear energy's reliability and potential for carbon-free power generation.
As AI technologies continue to advance and become more prevalent, the number of data centers is expected to grow significantly over the next decade. Industry analysts project that the global data center market could see a compound annual growth rate of 10-15% through 2030, potentially resulting in thousands of new facilities.
This rapid expansion, coupled with the push for sustainable energy sources, could lead to a surge in demand for small modular reactors (SMRs) and other advanced nuclear technologies.
The increasing interest in nuclear power for data centers, combined with the existing demand from traditional nuclear plants, could put significant pressure on silver stockpiles.
Silver's unique properties make it essential in both nuclear reactor control rods and various components of data center infrastructure.
As these industries expand, the demand for silver is likely to outpace current production levels, potentially leading to a scenario where global silver stockpiles begin to deplete rapidly.
This growing industrial demand, coupled with silver's role in renewable energy technologies and electronics, suggests that the precious metal may face supply constraints in the coming months will drive up prices and increasing its strategic importance in the global economy.
FACT: The nuclear industry relies heavily on silver, with each reactor using up to 4,000 kg in its control rods
Compounding the supply challenge is the declining ore grade of existing silver mines. As easily accessible deposits are depleted, extracting silver becomes increasingly difficult and expensive.
This trend will accelerate the depletion of economically viable silver reserves.
The geopolitical landscape adds another layer of complexity to the silver supply issue.
This move will significantly disrupt global silver markets and further constrain supply.
The acute scarcity of silver highlights:
original article - https://thesilverindustry.substack.com/p/unlocking-10-baggers-my-research
All Metals and Ores Mined in one Year about 2,995 Million Tons (represented in the brown colored rectangle on the left)
The mining industry extracts an astonishing 2,995 million tons of metals and ores annually, with iron dominating this output. Represented by the chemical symbol Fe, derived from the Latin "ferrum," iron accounts for a significant portion of this total.
Interestingly, all other metals combined make up only 7% of this massive figure.
Within this smaller percentage, we find a variety of metals, including copper and zinc. Copper, symbolized as Cu from the Latin "cuprum," plays a crucial role in modern technology.
The most striking revelationย is the minuscule amount of precious metals extracted each year.
Precious metals, including gold and silver, account for a mere 1.3 million tons - less than 0.0434% of the total.
Gold production stands at just 3,000 tons, whileย silver reaches 28,000 tonsย annually. These figures highlight the rarity and value of theseย covetedย precious metals in the grand scheme of global mining operations.
When you read these bullet points below, each time one of our data points checks a box, it's like doing the ultimate due diligence, and you should be rewarded favorably for getting positioned before the stampeding herd waters down your return on investment.
Closing Summary
With only 1-2 out of 2000 discoveries becoming operational mines, and a 15-20 year development timeline, successful silver producers are incredibly rare.
This scarcity, coupled with the absence of new silver discoveries, creates a lucrative opportunity for established miners that deliver the proceeds to their shareholders.
Those who persevere and take the time to listen to our expertise stand to reap substantial rewards in an industry where scarcity drives value and resilience leads to remarkable profits.
Throughout the emergence and flourishing of Athens, Rome and Byzantine Wealth the Silver and Gold deposits around the Mediterranean Sea were the main catalyst for 3 of the Most Impressive and Prosperous Empires
https://www.youtube.com/watch?v=bKLQGJ_GGZk
further infos
#TEDBUTLER #SILBERMANIPULATION #silverseek #EdSteer #silvershortpositions #shortbanksatcomex
originally authored here - https://thesilverindustry.substack.com/p/short-squeeze-confirmed-five-banks
Silver Stackers will yield Life Changing Wealth BY BUYING ONLY 100 ounces.
The recent surge in silver prices has exposed a precarious situation for five major U.S. banks holding significant short positions in the metal.
Readers of this newsletter are urged to place an emergency order of Silver with any online dealer or at their local coin shop.
Jon Forrest Little states
With silver prices jumping over 6% to breach $33.6 per ounce, these institutions are now facing potential losses estimated at $1.3 billion. And when Silver hits our short term target of $39, THE STACKERS WIN
This concentration of risk among just five banks has raised serious concerns about market integrity andย criminalย manipulation.
Such extensive short-selling artificially suppresses silver prices, despite strong industrial demand from sectors like electric vehicles, military, aerospace, solar panels, AI data centers, 5G and electronics.
The situation has broader implications beyond just these five banks. It raises questions about market stability, fair price discovery, and the potential for a supply crunch that could impact industries reliant on silver.
You may hear about jaw boning or growing calls for increased regulatory scrutiny to ensure market fairness and stability in the precious metals sector.ย BUT
The fact that these reforms have not happened proves our thesis that silver market manipulation means Silver is perhaps 10x times cheaper than itโs true price.
So smart silver stackers are going to convert the federal reserve note (circling the drain) for physical silver from their favorite source.
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More information here - https://thesilverindustry.substack.com/p/gold-rush-at-the-fed-expanding-vaults
originally authored here:
https://thesilverindustry.substack.com/p/russia-in-talks-with-brics-over-precious
Folks, The First Shot has been Fired and US is joining in the GoldWars (and the Winner will be) ..... Silver. Gold brings her friend Silver along everywhere she goes.
Based on recent developments, weย have confirmationย believe that a mysteriousย curious, significant sizeableย portion of the Federal Reserve's $2.5 billion construction project is dedicated to expanding gold storage facilities.
Federal Reserve expansive remodel, 2.5 Billion, to include gold and silver vaults
This ambitious undertaking suggests that the Federal Reserve anticipates a need for substantially increased gold storage capacity in the near future. The scale of the project indicates that the Fed may be preparing for a potential shift in monetary policy or anticipating changes in the global financial landscape that could necessitate larger gold reserves.
While the exact details remain confidential, the allocation of considerable space and resources to gold storage within this massive construction project has sparked speculation about the Fed's long-term strategies and the future role of gold in the U.S. financial system.
Meanwhileโฆ
Russia is currently engaged in discussions with BRICS nations about establishing an international precious metals exchange. This initiative aims to create a platform for trading precious metals, potentially positioning Russia as a key regulator of prices within this market.
The proposal is part of a broader strategy to enhance financial cooperation among BRICS members, offering an alternative to Western-dominated financial systems and addressing the impact of sanctions.
This move aligns with Russia's ongoing efforts to strengthen its economic ties with BRICS countries and reduce reliance on Western financial infrastructure.
BRICS Believe they had won the Gold Game but just sparked a NEW GOLD RUSH as The West refuses to surrender
Not So Fast, BRICS: The US Has a Response to Your 40% Gold-Backed Currency
As the BRICS +++ nations move forward with plans to introduce a new gold-backed currency, the United Statesย may haveย has an unexpected ace up its sleeve.
While the BRICS alliance aims to challenge the dominance of the US dollar in global trade, America's vast gold reservesย couldย will provide a powerful counterplay.
The BRICS nations have been working on creating a new currency that would be backed by gold, with an estimated 40% of its value tied to the precious metal.
This move is seen as an attempt to reduce reliance on the US dollar and create an alternative for international trade and reserves. So is US (and all the privileges associated with being the global reserve currency) just going to roll over and play dead? Doubt it, US is stupid but no one is that stupid, Greed and Fear will over power their stupidity.
here's a breakdown of the US government's gold holdings:
Fort Knox, officially known as the United States Bullion Depository, holds a significant portion of the United States' gold reserves:
While I canโt find specific figures for other US Mint facilities, it's known that gold is also stored at:
Although not owned by the US government, the Federal Reserve Bank of New York and DC stores a large amount of gold:
According to the United States Mint:
It's important to note that the total amount of gold owned by the US government appears to be the same as the amount stored at Fort Knox. This suggests that the figures for other US Mint facilities may already be included in the Fort Knox total, or that Fort Knox holds the vast majority of US government gold.
Here's where things get interesting. If the US were to revalue its gold reserves to match current market prices, it would instantly create a massive boost to its balance sheet. But the potential goes even further.
A Theoretical Scenario
In a hypothetical situation where the US needed to address half of an $18 trillion debt crisis, it could potentially revalue its gold to approximately $122,200 per ounce. While this is an extreme scenario, it illustrates the immense latent value in America's gold reserves.
To calculate the price per ounce of gold needed to cover $18 trillion with 147.3 million ounces, we need to divide $18 trillion by 147.3 million.
Hereโs this calculation:$18,000,000,000,000 รท 147,300,000 = $122,199.59 per ounce
This calculation shows that to cover half of an $18 trillion debt using the current US gold reserves, the price of gold would need to be revalued to about $122,200 per ounce.
This is obviously anย insaneย significant increase from current gold prices, which are around $2,700 per ounce as of 2024.
The mere possibility of such a drastic revaluation could have far-reaching effects:
While the BRICS nations' plan for a gold-backed currency is a bold move, the United States' vast gold reserves provide a potential counterbalance. The mere existence of this "golden option" could influence global financial strategies and negotiations in the coming years.
As the world watches the development of the BRICS currency, it would be unwise to underestimate the financial firepower that America's gold holdings represent.
The game of global finance is far from over, and the US may have a few golden moves left to play.
source article - https://thesilverindustry.substack.com/p/gold-rush-at-the-fed-expanding-vaults
Inย Jaws, the unforgettable line "You're going to need a bigger boat" is delivered by Chief Brody during a scene that captures the film's tension.
After a harrowing encounter with the great white shark, Brody, (visibly shaken) and glances at the small fishing vessel. The stark contrast between the shark's size and their inadequate boat underscores the gravity of their situation.
Hong Kong's Airport Authority is planning a significant expansion of its gold vault capacity, increasing it from 150 tonnes to 1,000 tonnes.
This move aims to bolster Hong Kong's position as a global trading hub for precious metals, particularly in response to growing competition from Singapore.
The expansion comes as the current facility is reaching full capacity due to increasing demand.
Initially, the capacity will be increased to 200 tonnes, with further expansions planned to reach the 1,000-tonne target.
This development is crucial for Hong Kong's gold trading industry, which has a century-long history but has experienced a slowdown in recent decades.
In contrast, Singapore has recently upped its game with a new six-storey vault near Changi Airport, capable of storing 500 tonnes of gold and 10,000 tonnes of silver.
This competitive pressure likely influenced Hong Kong's decision to expand its facilities.
The recent $2.5 billion renovation of the Federal Reserveย mightย involves expanding gold storage capabilities. This speculation aligns with the thesis that BRICS nations are accumulating gold, potentially forcing the US to back its treasuries with gold to address the debt crisis.
Economists like Judy Shelton, Luke Gromen, and Jim Rickards have posited that backing US treasuries with gold could be a solution to the debt crisis. This theory gains traction as BRICS nations increase their gold reserves, potentially challenging the US dollar's global dominance.
If true, the Federal Reserve's renovations could be part of a larger strategy to prepare for a potential shift in global monetary policy. Increased gold storage capacity would be crucial if the US decides to partially or fully back its currency or debt with gold.
This global trend of expanding gold storage facilities, from Hong Kong to potentially the Federal Reserve, might indicate a shifting perspective on gold's role in the international monetary system.
As geopolitical tensions rise and economic uncertainties persist, gold's importance as a safe-haven asset and potential monetary anchor seems to be growing.
Rickards and Gromen arrive at their gold price projections using similar methodologies, but with different assumptions about money supply and gold backing ratios.
Rickards uses the U.S. M1 money supply of $17.9 trillion and assumes a 40% gold backing. He divides 40% of the money supply resulting in $27,533 per ounce.
Gromen's higher estimate of $40,000 per ounce likely stems from using a different money supply figure (possibly M2 or M3) or assuming a higher gold backing percentage.
The principle remains the same: dividing a portion of the money supply by the available gold reserves.
Both analysts emphasize that these projections are based on the potential need to restore confidence in the monetary system through partial gold backing of the currency.
Revaluing gold at a significantly higher price could potentially address the $35 trillion debt crisis in several ways. By increasing the value of the U.S. Treasury's gold reserves to, say, $20,000 per ounce, the government could create trillions of dollars in new assets without increasing the money supply.
This newfound wealth could be used to buy back a substantial portion of outstanding U.S. debt, effectively reducing the debt-to-GDP ratio. The process would involve adjusting the Gold Certificate Account held by the Federal Reserve, allowing the Treasury to monetize the revalued gold and use the proceeds to pay down debt. This strategy, while complex, could provide a path to debt reduction without relying on traditional methods like tax increases or spending cuts, potentially offering a unique solution to the current fiscal challenges.
Judy Shelton, a long-time advocate for returning to a gold standard, could play a significant role in a potential future Trump presidency. Despite her previous unsuccessful nomination to the Federal Reserve Board, Shelton's economic views align closely with Trump's criticism of current monetary policies.
If appointed to a key position, she might push for backing U.S. Treasuries with gold as a method to address the debt crisis.
Shelton's approach would likely involve gradually increasing the gold backing of U.S. Treasuries. This could start with a small percentage and incrementally increase over time. The process might involve auditing and potentially expanding U.S. gold reserves, as well as establishing a fixed exchange rate between gold and the dollar. Shelton argues that this would restore fiscal discipline, stabilize the dollar, and increase confidence in U.S. debt instruments.
However, implementing such a policy would be complex and controversial, potentially requiring significant changes to the current monetary system and facing resistance from many economists and policymakers.
These numbers are quite conservative because we still have not priced in: