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Re: Saving Grace post# 19320

Thursday, 05/09/2024 2:26:29 PM

Thursday, May 09, 2024 2:26:29 PM

Post# of 19389
It appears to be sinking in to the collective consciousness of silver investors
how India's recent decision to go "all in" on solar panel production will affect
the price of silver, and silver's price is starting to respond accordingly.

India's decision is a game-changer. Silver has already gone into supply deficit,
and this decision - done with the knowledge, approval, and explicit support
of the Indian government - will only make the yearly deficit larger, unless.......
a rising price of silver encourages new supply to market. That's how markets
work. And India's developing manufacturing industry is just right for producing huge
quantities of a mid-tier product such as solar panels. Its demand for silver will be
insatiable, and that's on top of the demand for silver from the citizens of India who
turn to silver when they can't quite pony up for their first-love: gold.

Hycroft : in the right place, at the right time, with the product soon to be in insatiable
demand: silver. "Hi ho!", anyone?
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