|
This page may contain links that result in small commissions to keep this free site up and running.
Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!
To participate in the forum you must log in or register. | Author |
 Replies: 65 / Views: 3,452 |
|
|
|
Bedrock of the Community
United States
36678 Posts |
Most silver now comes as a by product from gold, copper, zinc mines. Very few silver only mines operating. Guess that's why there has been a deficit of silver production versus consumption the past 5 years.
|
|
Bedrock of the Community
 United States
11880 Posts |
When the silver vaults at the exchanges are being drained by industrial users, the rarity of silver begins to matter. That means that the preference of investors of gold over silver, largely based on expectations of future gains, may be dwindling. This would suggest that the price ratio may converge to the rarity ratio. That's my thesis today. May change tomorrow.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
|
Pillar of the Community
Australia
3831 Posts |
Rarity means little when one does not keep in touch with new technological updates. In particular when so called investors claim that certain goods are undervalued and should be worth significantly more have been burned badly over the long term.
Here are some examples:
1) Peak oil
2) Ford's speculation on palladium
3) Copper clad aluminium wire
In short term, prices are very likely to remain high. When speculators believe that prices should go much higher - industries will find other alternatives in the long run.
|
|
Bedrock of the Community
United States
11880 Posts |
Silver still rising faster than gold and further compressing the GSR in the premarket to kick off 2026.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
01/02/2026 08:37 am
|
|
Bedrock of the Community
United States
11880 Posts |
Samsung is developing advanced solid-state batteries (ASSBs) for electric vehicles (EVs) with revolutionary features like a 600-mile range, 9-minute charging, and enhanced safety, using a
silver-carbon composite anode to prevent dendrites. While samples have received positive feedback, mass production targeting premium EVs is expected around 2026-2027, with potential collaborations with automakers like BMW and Toyota, addressing key challenges in energy density and production speed.
Samsung's breakthrough solid-state battery (ASSB) uses an ultrathin silver-carbon (Ag-C) composite layer as its anode, replacing problematic lithium metal anodes, to significantly boost energy density (up to 900Wh/L) and enhance safety by preventing dangerous dendrite growth, allowing for higher capacity, longer life, and faster charging for EVs. This innovation addresses dendrite formation, a major hurdle for lithium-ion alternatives, by creating a stable, uniform lithium-ion path, potentially enabling EVs with 600-mile ranges and faster charging, though cost remains a factor.
Silver Demand: The significant silver content (grams per cell) could impact global silver markets. 1 kilo of silver is estimated to be used per vehicle.
While currently considered "super premium" and potentially costly due to the silver content, Samsung's Ag-C solid-state battery technology represents a major leap towards safer, higher-performance electric vehicles.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
|
Bedrock of the Community
United States
11880 Posts |
An older Tesla Model S used 62Kg of lithium (~$744) but newer models like the 3 and Y use 10-12Kg of lithium (~144$).
Samsung's silver-based solid-state batteries could use roughly 1 kilogram (kg) of silver per vehicle, with estimates of around 5 grams of silver per battery cell, requiring about 200 cells for a 100 kWh pack.
1 Kg of silver is ~$2,400 today but doubles the range of an EV and enables charging in 9 minutes.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
|
Pillar of the Community
Portugal
655 Posts |
I notice the word could appears many times there.
|
|
Bedrock of the Community
United States
36678 Posts |
Quote:
I notice the word could appears many times there. No one knows for sure at this point. All are best guesses based on the info at hand. |
|
Pillar of the Community
Australia
3831 Posts |
Consumers will vote with their wallets. Ultimately when prices are absurd especially at times of high cost of living - this becomes a first world problem.
|
|
Bedrock of the Community
United States
11880 Posts |
Quote:
Consumers will vote with their wallets. They already have. Coin shops are flooded with buyers willing to pay 15%+ premiums over the official price of silver at the exchanges. The hype is baked into the current price. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
|
Pillar of the Community
United States
2003 Posts |
No doubt that the devaluation of fiat currencies on a global scale combined with global debt has had an influence on the current value of both gold and silver which in my opinion is the only form of real money since Moses wore short pants. From a numismatic standpoint I fear that collecting coins with these base metals has become no longer affordable to the average collector. and I wonder at which point dealers are stuck with their inventory and it becomes impossible to sell due to lack of interest and affordability. Combine all of this with the flood of counterfeits from China and I see a fleeting interest in numismatics for the future. Younger generations have little interest in this sort of thing anyway. While there may still be a demand for the PM's on an industrial level, I fear that numismatics is about to experience it's demise and that makes me very sad!
|
|
Pillar of the Community
 United States
8733 Posts |
Quote:
since Moses wore short pants Maybe a short robe.  -makecents-
|
|
Bedrock of the Community
United States
11880 Posts |
Gold up 2.5% today. Silver up 4.6%. Gold Silver Ratio (GSR) still compressing. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
|
Moderator
 Australia
16809 Posts |
The natural abundance of gold and silver over the entire surface of the Earth is estimated to be at about a 19:1 ratio - there's 19 times more silver than gold. There's almost certainly a higher proportion of gold in the planet's core, but without blowing the planet up to take actual samples it's impossible to be certain. Have a look at Wikipedia's table of elemental abundances: https://en.wikipedia.org/wiki/Abund...th%27s_crust Silver comes in at 75 parts per billion, gold comes in at just 4 ppb. That's where the oft-quoted 19:1 ratio comes from. The difference between that 19:1 ratio and the reported abundance in the OP of 7:1, is all down to geology and engineering - how where and why those two minerals appear in surface rocks, and how easy it is to turn those rocks into pieces of precious metal. Gold, or silver, that's too low in concentration to ever be worthwhile, simply isn't going to turn up in the OP's statistics. One key factor driving the difference is the different amounts of those elements that need to be present for a mineral deposit to be considered economically viable to exploit. With gold at record high prices, there doesn't have to be very much gold present at all for a "gold deposit" to be considered economically viable; silver found at those same concentrations would not be viable - unless, as others have noted, there are other minerals in the same rock that could also be extracted, with silver being merely a valuable by-product. Silver is fortunate in that it is geologically often associated with lead and zinc, two elements which modern society requires in bulk amounts. Going back to that Wikipedia abundance table, it also reports annual extraction and refining figures (using 2016 data). Gold extraction is estimated at 3100 tonnes per year; silver is at 27,000 tonnes per year. So for freshly-dug metal at least, that's a ratio of 8.7 to 1. Which is a lot smaller ratio that it "should" be. In terms of demand, let's not forget that for the 20th century, the two biggest "industrial users" of silver were circulation coinage and photography, both of which are now obsolete and unlikely to return to their previous scale of use. Until and unless silver can find a niche use of the same scale as 20th century coinage and photography, it will remain the poor flower girl to gold. TLDR: there's an awful lot of silver out there, that's either known or easily findable, that we just can't be bothered digging up because silver isn't valuable enough to go to all that trouble. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
|
|
Bedrock of the Community
United States
11880 Posts |
Given everything that you have written, why is the price of silver rising faster than that of gold?
Also, the ratio in the op includes an estimate of the gold and silver mined to date + all known gold and silver reserves. About 1 to 7.1.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
01/06/2026 08:28 am
|
| |
Replies: 65 / Views: 3,452 |
To participate in the forum you must log in or register.
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use
|
| Coin Community Forum |
© 2005 - 2026 Coin Community Forums |
| It took 0.47 seconds to rattle this change. |
 |
|
| |
| |
First Page
Posted 01/01/2026 6:44 pm
