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Re: SilentWolf post# 4771

Monday, 04/05/2021 11:52:22 AM

Monday, April 05, 2021 11:52:22 AM

Post# of 5295
I agree with your thoughts and frustrations. All this talk about energy but you cannot get there without silver.

Besides the silver needed for solar, the new big new use is with the insulation of glass. Cardinal 189 glass has four coatings which contain silver and with the new code energy point systems one absolutely must use the lower U glass. No new construction can happen without it.

You and I see that there is a pending shortage of silver. For now, the shortfall is being made up with scrap and Comex bars.

FWIW, Hecla has now tied their dividends to the price of silver with a schedule that has silver tied to 30, 40, and 50.00 per ounce. I follow Phil (CEO of HL) because he knows Kaplan and was spot on with the increase from 18 to 24-25.