What advantage does the silver bullion market have over others?
*Dow Theory Letters, by Richard Russell, June 13, 2011:
''Silver -- I want to talk about silver. Almost all informed
scientists state that as the population of the world grows, we're going
to need a lot more energy. Nuclear will be a big help, but
because of the disastrous recent experience in Japan many people
distrust and will vote against nuclear. Windmill power will help,
but to manufacture windmills requires a good deal of rare earths.
Here again manufacturers are stymied, that is, unless they buy their
windmills in China (China has a virtual monopoly on rare earths).
One of the areas of electricity generation which is very practical and
real is the solar panel. Solar panels require silver. Thin
film silver requires materials that are more scarce than silver,
tellurium and iridium. And so-called organic thin films which
have many advantages over solar require a LOT of silver as well.
Thus, in future years as the demand for production of sustainable
energy becomes increasingly insistent, there will be a huge demand for
silver. So for now, solar and silver are linked together like
brothers and sisters. The rising demand for solar energy will put
silver in the spotlight as a much-wanted material. Unlike gold,
silver will enjoy a huge industrial demand.''
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
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