Silver

[Sean K]

Is this a new thing? I didn't think silver was part of any battery tech.




(Kitco News) – Gold has had a breakout year as the yellow metal surged to new heights above $2,500 while its grey counterpart, silver, has struggled to keep pace, but that could soon change, according to one analyst, as silver demand is expected to increase thanks to one new technological development from Samsung.

According to retired investment professional Kevin Bambrough, Samsung has developed a new solid-state (SS) battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase.

“The key drivers that will ramp up demand for EVs are range, charge time, battery life and safety,” Bambrough said. “Samsung's new solid-state battery technology, incorporating a silver-carbon (Ag-C) composite layer for the anode, exemplifies this advancement. Silver's exceptional electrical conductivity and stability are leveraged to enhance battery performance and durability, achieving amazing benchmarks like a 600-mile range and a 20-year lifespan and 9-minute charge.”

He noted that while official numbers are currently unavailable, estimates show that there could be as much as five grams of silver per cell in Samsung's solid-state batteries, meaning “a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”

“With global car production standing at about 80 million vehicles per year, if 20% of these vehicles (16 million EVs) were to adopt Samsung's solid-state batteries, the annual demand for silver would be around 16,000 metric tons (16 million vehicles * 1 kg of silver per vehicle),” Bambrough said. “This would represent a significant portion of the current global silver production, which is approximately 25,000 metric tons annually, highlighting the substantial impact on the silver market.”

 

[houtman]

Is this a new thing? I didn't think silver was part of any battery tech.

View attachment 183105


(Kitco News) – Gold has had a breakout year as the yellow metal surged to new heights above $2,500 while its grey counterpart, silver, has struggled to keep pace, but that could soon change, according to one analyst, as silver demand is expected to increase thanks to one new technological development from Samsung.

According to retired investment professional Kevin Bambrough, Samsung has developed a new solid-state (SS) battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase.

“The key drivers that will ramp up demand for EVs are range, charge time, battery life and safety,” Bambrough said. “Samsung's new solid-state battery technology, incorporating a silver-carbon (Ag-C) composite layer for the anode, exemplifies this advancement. Silver's exceptional electrical conductivity and stability are leveraged to enhance battery performance and durability, achieving amazing benchmarks like a 600-mile range and a 20-year lifespan and 9-minute charge.”

He noted that while official numbers are currently unavailable, estimates show that there could be as much as five grams of silver per cell in Samsung's solid-state batteries, meaning “a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”

“With global car production standing at about 80 million vehicles per year, if 20% of these vehicles (16 million EVs) were to adopt Samsung's solid-state batteries, the annual demand for silver would be around 16,000 metric tons (16 million vehicles * 1 kg of silver per vehicle),” Bambrough said. “This would represent a significant portion of the current global silver production, which is approximately 25,000 metric tons annually, highlighting the substantial impact on the silver market.”

Mr Bambrough also said the following,
in part, line 2/3. - "its completely unverified"

Kitco News trawling X for headlines.

I hope he is right though.

With the banks buying gold, Silver may struggle to maintain the current ratio without increasing industrial demand.

 

[divs4ever]

Is this a new thing? I didn't think silver was part of any battery tech.

View attachment 183105


(Kitco News) – Gold has had a breakout year as the yellow metal surged to new heights above $2,500 while its grey counterpart, silver, has struggled to keep pace, but that could soon change, according to one analyst, as silver demand is expected to increase thanks to one new technological development from Samsung.

According to retired investment professional Kevin Bambrough, Samsung has developed a new solid-state (SS) battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase.

“The key drivers that will ramp up demand for EVs are range, charge time, battery life and safety,” Bambrough said. “Samsung's new solid-state battery technology, incorporating a silver-carbon (Ag-C) composite layer for the anode, exemplifies this advancement. Silver's exceptional electrical conductivity and stability are leveraged to enhance battery performance and durability, achieving amazing benchmarks like a 600-mile range and a 20-year lifespan and 9-minute charge.”

He noted that while official numbers are currently unavailable, estimates show that there could be as much as five grams of silver per cell in Samsung's solid-state batteries, meaning “a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”

“With global car production standing at about 80 million vehicles per year, if 20% of these vehicles (16 million EVs) were to adopt Samsung's solid-state batteries, the annual demand for silver would be around 16,000 metric tons (16 million vehicles * 1 kg of silver per vehicle),” Bambrough said. “This would represent a significant portion of the current global silver production, which is approximately 25,000 metric tons annually, highlighting the substantial impact on the silver market.”

that might depend on how thick the silver compound is on the anodes( or cathodes ) they get really thin with gold plating when they choose to

 

[mullokintyre]

This article from the silver academy uses similar figures.
Looks very promising from an energy perspective and from the perspective of us long silver bugs..
The down side is of course, if all this silver is suddenly required, prices will shoot up and some applications will become unviable.

 

[houtman]

This article from the silver academy uses similar figures.
Looks very promising from an energy perspective and from the perspective of us long silver bugs..
The down side is of course, if all this silver is suddenly required, prices will shoot up and some applications will become unviable.

View attachment 183119
View attachment 183120

Samsung Presents Groundbreaking All-Solid-State Battery Technology to ‘Nature Energy’

On March 9 in London, researchers from the Samsung Advanced Institute of Technology (SAIT) and the Samsung R&D Institute Japan (SRJ) presented a study on

bit.ly

A 5 micrometer thick layer at the anode according to Samsung, it’s a March article, presume it’s the same story.

I have no idea of the accumulative area though.

A job for excel when I get home

 

[mullokintyre]

Samsung Presents Groundbreaking All-Solid-State Battery Technology to ‘Nature Energy’

On March 9 in London, researchers from the Samsung Advanced Institute of Technology (SAIT) and the Samsung R&D Institute Japan (SRJ) presented a study on

bit.ly

A 5 micrometer thick layer at the anode according to Samsung, it’s a March article, presume it’s the same story.

I have no idea of the accumulative area though.

A job for excel when I get home

problem is, how wide is the layer and how long.
5 Micrometers is not a lot.
However, if like the tesla battery, the complete battery is made up of many cells then it starts to add up.
In the above news article, its states that each cell has the silver - carbon composite layer as the anode in each cell, but does not state how many individual cells there are in a battery pack.
The 90 kwhr Model 3 battery in a tesla has 4,416 individual cells, but f if they were about the same number, 5 micro metre annode over 4500 cells still equates to less than a millimetre.
Pretty hard to evaluate, but hey if it uses silver, we will take it.
Mick

 

[Garpal Gumnut]

I'm a bit naive on investing in Silver entities.

I've mostly lost a little or had a small profit on trading SVL, the only exposure on which I have ever had a punt. .

What are the options for having a trade on a one hit lazy on Silver stocks or ETF's. either here on the ASX or in a larger room such as the NYSE? Another question I have is do Silver miners/etf's follow the POS or lag like Gold?

I've had a close look at the recent Samsung/Silver news and in my opinion it is the real thing and could be the future for EV and other battery dependant engines but I believe there is no rush imo to get set in Silver yet. It isn't going to take off today or tomorrow.

This article from Jordan Finneseth of Kitco is a good summary.

Silver set to soar on Samsung’s solid-state battery breakthrough – analysts

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

Also @noirua has a couple of good posts on Silver stocks via youtube above in this thread but I wondered if anyone had real time experience in investing in Silver, or silver stocks or ETF's.

gg

 

[Sdajii]

A clue
In French, as Dona knows, silver is "argent"
And "argent" is used synonymously for "money"
Says it all

It's not just French.

In the two last countries I was in (Thailand and Laos), the word for silver is synonymous with money, and the word for the colour silver (like, if you were looking at some chrome or whatever) translates to 'the colour of money/silver'. I think this is common and exists in a lot of languages.

 

[Sdajii]

Is this a new thing? I didn't think silver was part of any battery tech.

Silver isn't an essential metal for any broad battery type, but it's an absolutely brilliant metal for batteries due to several of its properties including conductivity, corrosion resistance and bonding. It would be used far more extensively if it was cheaper, but cost is an issue. Gold is extremely useful in electronics including batteries largely because of its extreme corrosion resistance which allows extremely thin (thus lightweight) coatings and reliable connections, but it's so expensive that cheaper alternatives are used - if gold had a price comparable to copper or iron or even silver, its use in batteries would increase many fold. If silver was the same price as, say, aluminium, its use would increase enormously in batteries.

Silver is a wonderful metal with properties useful in all sorts of applications, including parts of internal combustion engines, though EV batteries do typically contain significantly more silver than a typical ICE. You could substitute almost any metal in your car for another metal if you wanted to, You could even make a car without any iron if you really wanted to, and in many cases it would make the car significantly better, but wherever it would make things better it would also make it more expensive.

 

[Garpal Gumnut]

Silver isn't an essential metal for any broad battery type, but it's an absolutely brilliant metal for batteries due to several of its properties including conductivity, corrosion resistance and bonding. It would be used far more extensively if it was cheaper, but cost is an issue. Gold is extremely useful in electronics including batteries largely because of its extreme corrosion resistance which allows extremely thin (thus lightweight) coatings and reliable connections, but it's so expensive that cheaper alternatives are used - if gold had a price comparable to copper or iron or even silver, its use in batteries would increase many fold. If silver was the same price as, say, aluminium, its use would increase enormously in batteries.

Silver is a wonderful metal with properties useful in all sorts of applications, including parts of internal combustion engines, though EV batteries do typically contain significantly more silver than a typical ICE. You could substitute almost any metal in your car for another metal if you wanted to, You could even make a car without any iron if you really wanted to, and in many cases it would make the car significantly better, but wherever it would make things better it would also make it more expensive.

I'm a bit naive on investing in Silver entities.

I've mostly lost a little or had a small profit on trading SVL, the only exposure on which I have ever had a punt. .

What are the options for having a trade on a one hit lazy on Silver stocks or ETF's. either here on the ASX or in a larger room such as the NYSE? Another question I have is do Silver miners/etf's follow the POS or lag like Gold?

I've had a close look at the recent Samsung/Silver news and in my opinion it is the real thing and could be the future for EV and other battery dependant engines but I believe there is no rush imo to get set in Silver yet. It isn't going to take off today or tomorrow.

This article from Jordan Finneseth of Kitco is a good summary.

Silver set to soar on Samsung’s solid-state battery breakthrough – analysts

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

Also @noirua has a couple of good posts on Silver stocks via youtube above in this thread but I wondered if anyone had real time experience in investing in Silver, or silver stocks or ETF's.

gg

Do you or any ASF members trade Silver or silver miners or ETFs either on the ASX or on overseas markets?

gg

 

[mullokintyre]

I have traded and continue to trade ARD, MKR, SS1, and SVL (have posted a few of them in their respective threads, but sometimes given the lack of others posting, it appears no one else is interested, so I don't bother).
Not always successfully, but have made enough to keep me doing it.
I expect to offload some of the SVL I bought cheaply after the most recent court judgement.
Still have plenty.
I have also bought and sold physical silver bullion, but only in largest possible bars.
the margins the dealers charge on smaller ingots and coins make it not profibale.
Did have a couple of gos's at the Ishares silver trust (SLV), but currency changes tended to go in the opposite direction to the ETF price, and took away a lot of the gloss.

mick

 

[qldfrog]

I have traded and continue to trade ARD, MKR, SS1, and SVL (have posted a few of them in their respective threads, but sometimes given the lack of others posting, it appears no one else is interested, so I don't bother).
Not always successfully, but have made enough to keep me doing it.
I expect to offload some of the SVL I bought cheaply after the most recent court judgement.
Still have plenty.
I have also bought and sold physical silver bullion, but only in largest possible bars.
the margins the dealers charge on smaller ingots and coins make it not profibale.
Did have a couple of gos's at the Ishares silver trust (SLV), but currency changes tended to go in the opposite direction to the ETF price, and took away a lot of the gloss.

mick

I use etpmag on the asx for my proxy silver metal..but got burnt by slv..more my broker (saxo) as a pending order was not cleared after the trading halt.
I would not recommend Saxo btw but it us my cheap current goto for trading

 

[mullokintyre]

Silver ploughing through the $30 barrier.
The big question is whether it will hold and lose above the 30 level.
Will be nervously watching throughout the evening as our American cousins start their trading sessions.
Mick

 

[greggles]

Silver ploughing through the $30 barrier.
The big question is whether it will hold and lose above the 30 level.
Will be nervously watching throughout the evening as our American cousins start their trading sessions.
Mick

It seems to me as though European markets are looking to the US market for direction. The move over US$30 this afternoon was good to see but it looks like it can't decide whether it should go higher or dip back under. All the ingredients are there for a strong bullish move but I've seen this happen before and it gets smashed at the open.

The silver market is relatively small so it gets pushed around a lot like a tug-of-war with large players sending it in the direction they want it to go. The volatility can be extreme at times.

The move to US$35 is long overdue and it would be good to see it happen this year.

 

[greggles]

Inflation is driving up the price of silver production. There will be no end to the money printing and rising inflation will continue to come in waves. Until something changes on a fundamental level we will continue to see inflation and interest rates whipsaw back and forth over and over again.

 

[qldfrog]

Silver is taking a beating right now, while gold is kind of ok .being a silver bull, my portfolio is hurting
I had a sell order last week for a small port, not been able to sell and now reaching a point where i am happy to keep
How can you have share market up on all main index, oil up, gold up and silver crashing on the same session..when i look at the NY exchange earlier this morning ...

 

[Sean K]

Silver is taking a beating right now, while gold is kind of ok .being a silver bull, my portfolio is hurting
I had a sell order last week for a small port, not been able to sell and now reaching a point where i am happy to keep
How can you have share market up on all main index, oil up, gold up and silver crashing on the same session..when i look at the NY exchange earlier this morning ...

Taking a very big beating since the top, which is OK by me as it's still well above that breakout from the long downward trend earlier in the year. Consolidating around here is healthy for a longer term push up. Still lagging gold's form quite considerably. Although, maybe that 2011 spike to 50 bucks in silver was an anomaly. I was hoping 28 was going to be a decent support area but it pocked through twice before gaining back ground.

 

[greggles]

Silver is taking a beating right now, while gold is kind of ok .being a silver bull, my portfolio is hurting

I think silver miners are taking more of a beating than silver itself. It was disappointing to see silver back under US$27 about a month ago but that was as low as it got. It's almost back at US$29 this evening.

If the US cuts interest rates this months as expected we should see a bounce for silver and the last quarter is traditionally the best quarter of the year for precious metals. I'm feeling optimistic for the remainder for 2024 and don't think silver will be back under US$27 anytime soon.

Demand for silver continues to rise with India expected to import at least twice the amount it did in 2023. We are slowly heading towards a silver supply crunch as demand continues to outstrip supply.

 

[greggles]

The only variable I worry about with silver is something affecting demand. Obviously a long, deep recession would affect demand, but I have also read about the possibility of copper replacing silver in solar panels. But I don't know enough about the science of this to be able to accurately assess whether this is in fact viable.

 

[Sdajii]

Taking a very big beating since the top, which is OK by me as it's still well above that breakout from the long downward trend earlier in the year. Consolidating around here is healthy for a longer term push up. Still lagging gold's form quite considerably. Although, maybe that 2011 spike to 50 bucks in silver was an anomaly. I was hoping 28 was going to be a decent support area but it pocked through twice before gaining back ground.

View attachment 184080

The 2011 spike was something of an anomaly, but it still sets a precedent. The 1980 spike to around the same price in 1980 (hundreds of dollars if we adjust for inflation) was an extreme anomaly, but two hits at the same level still set a precedent with some meaning. Obviously these historical prices are psychological only, not fundamental, so it doesn't really matter why they happened, just that they did. It may take a very long time to see that price again, but it could also happen fairly soon. Silver's price movements have always been peculiar, sort of following gold, not not exactly. Fairly following the timing of gold's ups and downs, but with different amplitudes. I see gold as a sure thing going up over the next few years. Silver I think will probably go up more, but I'm a lot less certain.