Home Precious Metals

The higher they rise...

2»

Comments

  • pmh1nicpmh1nic Posts: 3,481 ✭✭✭✭✭

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @RedneckHB said:

    @pmh1nic said:

    @MsMorrisine said:

    @softparade said:
    This steep vertical rise was and is the biggest concern all along. We ALL know that rockets never keep going up.

    the rocket has run out of fuel. landing zone is in 45 range

    Fundamentals of this rise haven't changed at all.

    what fundamentals

    if there were such a tight supply we'd see silver go to 75 in a flash crash (didn't happen) then rally back up to near where it fell from

    this goose is cooked. see you at 45

    If silver settles back to $45 there are probably going to be a lot of folks that will never look at silver (those that bought at $70 ~ $110) as a store of value ever again.

    Just like they did after the 1980 (Baby boomers) and 2011 (gen x) bust. Is this the millennials turn?

    And what about the companies, like Samsung and Tesla, that got into contracts for silver at high prices? Do they back out of the contracts or take the hit? My understanding is the cost of silver with respect to their end product is very small but where the cost represents a significant percentage (solar panels) it's a big bite into their profit margin if they honor those prices.

    Who says they got into contracts at high prices, some guy on a precious metals chattoom?

    And silver is a small percentage of solar panels, it's a high percentage of silver-carbide batteries. There's less than an ounce in a solar panel but a kilogram in a silver-carbide battery.

    As far as percentage of cost, 30% of the cost of solar panels is silver, for silver-carbide batteries the silver content represents 5% of the cost.

    Not remotely accurate. Even at $80, a kilogram of silver is $2400. So, you're saying that a silver carbide battery costs $48,000???

    Meanwhile, a residential solar panel has $30 in silver and costs around $200.

    Are you sure you didn't flip the numbers?

    I didn’t say anything about what a solar panel or silver-carbide batteries cost. The issue I point out was the percentage of the cost silver accounts for with respect to total production cost.

    and again the math you claim says that a silver-carbide battery has a "total production cost" of $48,000. Absolutely ludicrous.

    According to one article Samsung’s 100kWh silver-carbide battery cost $15,800 and uses 1 kg of silver, $800 worth of silver at $30 per ounce which is about 5% of the cost. That silver cost is an actual representation of the cost of silver over time, with the exception of the last few months.Even if you push the silver price to $80 it increases the total cost to $18621.00, the silver cost to $2,821 with silver being about 13% of the cost. That still a lower percentage of the cost of silver versus a solar panel (~30%).

    1kg of silver at $30 per ounce is $960. But, in case you just woke up, silver is at $90 today which is $2800+. So, again, your number is erroneous.

    $960 or $800, my is point is accurate. Silver represents a higher percentage of the cost of a solar panel versus a silver-carbide battery whether silver is $30 or $90.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • dcarrdcarr Posts: 9,982 ✭✭✭✭✭

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @RedneckHB said:

    @pmh1nic said:

    @MsMorrisine said:

    @softparade said:
    This steep vertical rise was and is the biggest concern all along. We ALL know that rockets never keep going up.

    the rocket has run out of fuel. landing zone is in 45 range

    Fundamentals of this rise haven't changed at all.

    what fundamentals

    if there were such a tight supply we'd see silver go to 75 in a flash crash (didn't happen) then rally back up to near where it fell from

    this goose is cooked. see you at 45

    If silver settles back to $45 there are probably going to be a lot of folks that will never look at silver (those that bought at $70 ~ $110) as a store of value ever again.

    Just like they did after the 1980 (Baby boomers) and 2011 (gen x) bust. Is this the millennials turn?

    And what about the companies, like Samsung and Tesla, that got into contracts for silver at high prices? Do they back out of the contracts or take the hit? My understanding is the cost of silver with respect to their end product is very small but where the cost represents a significant percentage (solar panels) it's a big bite into their profit margin if they honor those prices.

    Who says they got into contracts at high prices, some guy on a precious metals chattoom?

    And silver is a small percentage of solar panels, it's a high percentage of silver-carbide batteries. There's less than an ounce in a solar panel but a kilogram in a silver-carbide battery.

    As far as percentage of cost, 30% of the cost of solar panels is silver, for silver-carbide batteries the silver content represents 5% of the cost.

    Not remotely accurate. Even at $80, a kilogram of silver is $2400. So, you're saying that a silver carbide battery costs $48,000???

    Meanwhile, a residential solar panel has $30 in silver and costs around $200.

    Are you sure you didn't flip the numbers?

    .

    Where did you get the figure of one kilogram of silver per battery ?

    My calculations put the amount at about 3 troy oz per automobile, not 32 troy oz per automobile as you claim.

    .

  • jmlanzafjmlanzaf Posts: 40,336 ✭✭✭✭✭

    @dcarr said:

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @RedneckHB said:

    @pmh1nic said:

    @MsMorrisine said:

    @softparade said:
    This steep vertical rise was and is the biggest concern all along. We ALL know that rockets never keep going up.

    the rocket has run out of fuel. landing zone is in 45 range

    Fundamentals of this rise haven't changed at all.

    what fundamentals

    if there were such a tight supply we'd see silver go to 75 in a flash crash (didn't happen) then rally back up to near where it fell from

    this goose is cooked. see you at 45

    If silver settles back to $45 there are probably going to be a lot of folks that will never look at silver (those that bought at $70 ~ $110) as a store of value ever again.

    Just like they did after the 1980 (Baby boomers) and 2011 (gen x) bust. Is this the millennials turn?

    And what about the companies, like Samsung and Tesla, that got into contracts for silver at high prices? Do they back out of the contracts or take the hit? My understanding is the cost of silver with respect to their end product is very small but where the cost represents a significant percentage (solar panels) it's a big bite into their profit margin if they honor those prices.

    Who says they got into contracts at high prices, some guy on a precious metals chattoom?

    And silver is a small percentage of solar panels, it's a high percentage of silver-carbide batteries. There's less than an ounce in a solar panel but a kilogram in a silver-carbide battery.

    As far as percentage of cost, 30% of the cost of solar panels is silver, for silver-carbide batteries the silver content represents 5% of the cost.

    Not remotely accurate. Even at $80, a kilogram of silver is $2400. So, you're saying that a silver carbide battery costs $48,000???

    Meanwhile, a residential solar panel has $30 in silver and costs around $200.

    Are you sure you didn't flip the numbers?

    .

    Where did you get the figure of one kilogram of silver per battery ?

    My calculations put the amount at about 3 troy oz per automobile, not 32 troy oz per automobile as you claim.

    .

    Every site says that.

    https://silvertrade.com/news/precious-metals/silver-news/samsungs-silver-solid-state-battery-a-game-changer-for-the-global-silver-market/

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • jmlanzafjmlanzaf Posts: 40,336 ✭✭✭✭✭

    @pmh1nic said:

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @RedneckHB said:

    @pmh1nic said:

    @MsMorrisine said:

    @softparade said:
    This steep vertical rise was and is the biggest concern all along. We ALL know that rockets never keep going up.

    the rocket has run out of fuel. landing zone is in 45 range

    Fundamentals of this rise haven't changed at all.

    what fundamentals

    if there were such a tight supply we'd see silver go to 75 in a flash crash (didn't happen) then rally back up to near where it fell from

    this goose is cooked. see you at 45

    If silver settles back to $45 there are probably going to be a lot of folks that will never look at silver (those that bought at $70 ~ $110) as a store of value ever again.

    Just like they did after the 1980 (Baby boomers) and 2011 (gen x) bust. Is this the millennials turn?

    And what about the companies, like Samsung and Tesla, that got into contracts for silver at high prices? Do they back out of the contracts or take the hit? My understanding is the cost of silver with respect to their end product is very small but where the cost represents a significant percentage (solar panels) it's a big bite into their profit margin if they honor those prices.

    Who says they got into contracts at high prices, some guy on a precious metals chattoom?

    And silver is a small percentage of solar panels, it's a high percentage of silver-carbide batteries. There's less than an ounce in a solar panel but a kilogram in a silver-carbide battery.

    As far as percentage of cost, 30% of the cost of solar panels is silver, for silver-carbide batteries the silver content represents 5% of the cost.

    Not remotely accurate. Even at $80, a kilogram of silver is $2400. So, you're saying that a silver carbide battery costs $48,000???

    Meanwhile, a residential solar panel has $30 in silver and costs around $200.

    Are you sure you didn't flip the numbers?

    I didn’t say anything about what a solar panel or silver-carbide batteries cost. The issue I point out was the percentage of the cost silver accounts for with respect to total production cost.

    and again the math you claim says that a silver-carbide battery has a "total production cost" of $48,000. Absolutely ludicrous.

    According to one article Samsung’s 100kWh silver-carbide battery cost $15,800 and uses 1 kg of silver, $800 worth of silver at $30 per ounce which is about 5% of the cost. That silver cost is an actual representation of the cost of silver over time, with the exception of the last few months.Even if you push the silver price to $80 it increases the total cost to $18621.00, the silver cost to $2,821 with silver being about 13% of the cost. That still a lower percentage of the cost of silver versus a solar panel (~30%).

    1kg of silver at $30 per ounce is $960. But, in case you just woke up, silver is at $90 today which is $2800+. So, again, your number is erroneous.

    $960 or $800, my is point is accurate. Silver represents a higher percentage of the cost of a solar panel versus a silver-carbide battery whether silver is $30 or $90.

    $2800 not $800. And it's not clear without proper numbers for both. It's pretty close. At $2800 or if 17,000 you are at more like 15% for the battery. The solar panel would have $30 in silver (@$90) relative to $150 to $200 in production cost which is q5 to 20%

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • DisneyFanDisneyFan Posts: 2,884 ✭✭✭✭✭

    @jmlanzaf said:

    @pmh1nic said:

    $2800 not $800. And it's not clear without proper numbers for both. It's pretty close. At $2800 or if 17,000 you are at more like 15% for the battery. The solar panel would have $30 in silver (@$90) relative to $150 to $200 in production cost which is q5 to 20%

    I'm totally confused. Would you please restate your post so that it is more clear..

  • dcarrdcarr Posts: 9,982 ✭✭✭✭✭

    @jmlanzaf said:

    @dcarr said:

    @jmlanzaf said:

    @pmh1nic said:

    @jmlanzaf said:

    @RedneckHB said:

    @pmh1nic said:

    @MsMorrisine said:

    @softparade said:
    This steep vertical rise was and is the biggest concern all along. We ALL know that rockets never keep going up.

    the rocket has run out of fuel. landing zone is in 45 range

    Fundamentals of this rise haven't changed at all.

    what fundamentals

    if there were such a tight supply we'd see silver go to 75 in a flash crash (didn't happen) then rally back up to near where it fell from

    this goose is cooked. see you at 45

    If silver settles back to $45 there are probably going to be a lot of folks that will never look at silver (those that bought at $70 ~ $110) as a store of value ever again.

    Just like they did after the 1980 (Baby boomers) and 2011 (gen x) bust. Is this the millennials turn?

    And what about the companies, like Samsung and Tesla, that got into contracts for silver at high prices? Do they back out of the contracts or take the hit? My understanding is the cost of silver with respect to their end product is very small but where the cost represents a significant percentage (solar panels) it's a big bite into their profit margin if they honor those prices.

    Who says they got into contracts at high prices, some guy on a precious metals chattoom?

    And silver is a small percentage of solar panels, it's a high percentage of silver-carbide batteries. There's less than an ounce in a solar panel but a kilogram in a silver-carbide battery.

    As far as percentage of cost, 30% of the cost of solar panels is silver, for silver-carbide batteries the silver content represents 5% of the cost.

    Not remotely accurate. Even at $80, a kilogram of silver is $2400. So, you're saying that a silver carbide battery costs $48,000???

    Meanwhile, a residential solar panel has $30 in silver and costs around $200.

    Are you sure you didn't flip the numbers?

    .

    Where did you get the figure of one kilogram of silver per battery ?

    My calculations put the amount at about 3 troy oz per automobile, not 32 troy oz per automobile as you claim.

    .

    Every site says that.

    https://silvertrade.com/news/precious-metals/silver-news/samsungs-silver-solid-state-battery-a-game-changer-for-the-global-silver-market/

    .

    All the sites seem to be getting that figure from each other.
    Samsung has not indicated the silver quantity per cell.

    .

  • blitzdudeblitzdude Posts: 7,565 ✭✭✭✭✭

    Fake newz. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

Sign In or Register to comment.