READ HERE:<\/a><\/p>\nEven though it is Christmas day, the markets in Asia are open and transacting business today.\u00a0 In those markets, Silver has reached a new all-time-high price of $80.17 per ounce.<\/p>\n
Industrial buyers already see shortages of available Silver worldwide.\u00a0 Now, companies like Samsung and Tesla have announced new vehicle battery configurations that will use Silver as their anode.\u00a0 By using silver, the batteries will\u00a0 supply double the range of electric cars from about 300 miles to about 600 miles, and recharging them will only take about nine (9) minutes.<\/p>\n
This new Battery technology has caused the demand for metal silver to skyrocket.<\/p>\n
Instead of “paper” silver in New York and London determining the price, the physical metal market is now driving the price.\u00a0 The “paper” markets no longer have any say!<\/p>\n
Miners who produce silver are selling to the PHYSICAL market in Shanghai instead of to the “paper” markets in New York and London.\u00a0 Those “paper silver” markets show the price of silver at about $71 per ounce since close of trading on Wednesday.<\/p>\n
Why would a Miner sell his silver to the paper market for $71, when he can sell the exact same silver to the physical market for $80?<\/p>\n
This dramatic change in silver pricing is expected to continue, unabated, because new silver mines cannot be brought online for YEARS.\u00a0 That means the shortages of silver will only get worse – continuing to drive up the price.<\/p>\n
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