Looks like it might break $60 next week.
I've been stacking it for the past 5 years as extra for retirement purposes, so if it jumps like gold & stays there, I'll be happy.
It's hovering near $64/tr oz now. If this keeps up, I'll be a happy camper!Correct! JPM is!!!!
If it drops like a rock, I'll just stack more aggressively Originally Posted by DrivesAllDay
I did pick up some silver at 49.00 an oz but I. Ready to sell. The hype on these batteries is way overblown. Not only would they require 50 grams of silver but they require 400-600 watt chargers to get them the 9 minute charge cycle. So adding up the new battery costs an extra 3000 in costs overtop of the existing battery costs of @15-20k and now you have a 15-20% increase in costs and maybe a ten 10% efficiency improvement.The new battery technology is real and ready for production but that’s just another drain on the silver supply. Solar is thru the roof and climbing and AI is just getting cranked up. Silver blew thru $66 last nite. It’s up 125% this year. Gold is up 65%. But sell your silver Eye. As they say, “ A fool and his money soon go separate ways”.
The bigger question is where are there 400 and 600 watt charging stations. Only Tesla supercharger stations are rates to send out 500 watts or more and they charge a Tesla at about 20-25 mins. Right now all v4 chargers are limited to 500 watts.
Not saying these batteries aren't better, but they have almost no real application in the current EV market in the US and none in China. Although, you never know when someone will parlay that science to a new battery technology. Interesting stuff to say the least. Right now it seems like these are better used for small device applications. I keep waiting for the fusion reactors to become stable...make electricity for way less and more abundant. Probably won't see it my lifetime or most ppl here unless your 18, but maybe the next generation will. Can't keep burning coal and gas for that....gas is a much better resource to make shit like plastics and other things than just to burn for heat.
Small reactor technology is probably more likely to be happening in the short term 10-20 yrs . Salt reactors and others. I'm not sure range is everyone's concern on batteries but certainly some ppl need that. I would rather have a 25k little car that goes 300 miles than a 60k car that goes 500 miles. Originally Posted by eyecu2