AYN 0.00% 0.1¢ alcyone resources ltd

silver to $1,000 per ounce, page-8

  1. 2,977 Posts.
    lightbulb Created with Sketch. 481
    If anything, the industrial uses for silver seem to be on the increase. Solar panel construction is the prime example.

    More and more, silver is being used in medical devices and treating ailments, including as a superior alternative to antibiotics.

    And as more and more nations eschew fiat currencies, gold and silver are the only perfect monetary replacements.

    As a fashion accessory, unless baubles become the new must have item, silver (and gold) will always be in demand.

    If it means costs will be passed on to consumers, then so be it. And if silver prices do fall, it will be from an incredibly lofty base.

 
watchlist Created with Sketch. Add AYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.