Will the Silver Price be affected by Green Energy in the Near Future?

Green Energy Initiatives are sweeping the globe, and many green energy efforts such as Solar and Electric Vehicles (EV’s) require a lot more Silver than regular ICE vehicles, etc. Will this increased demand be a boon for Silver and increase the Silver Price in the future?

We believe the use of silver in batteries and other green energy components will cause a boom in silver, because as always, an increase in demand creates an increase in price. Just look what happened to homes over the last couple of years. With production and supply chains still slow after the pandemic it may be a while until the supply is up to par with demand. Let’s also not forget the currency shake up going on around the globe right now. We feel like now with prices as low as they are it’s a great time to add physical silver and gold to the stockpile and or collection.

Disclaimer: we are not investment advisors and nor do we claim to be. everything is in our opinion and should be treated as such. Buying based off this post may result in the loss of your investment.