|
keys
Penny Collector Member
383 Posts |
 Posted - 01/16/2009 : 22:12:33
|
I suppose this news belongs under this category, since an increase in silver use will mean an increase in price.
You must be logged in to see this link.
SILVER NEWS AND VIEWS
by David Morgan
....The Silver Institute reported that zpowerbattery.com has issued a statement indicating that silver-zinc batteries for laptop computers will be available in mid 2009. As stated many times, particularly during my speaking engagements, this will add to the demand side of silver, but it is also recyclable. Do not expect any noticeable increase right away, but as the safety, environmental, and longevity factors become better known, many laptop users will switch to this type of battery. This will also make its way into the cell phone industry at some point, in our view.
NanoMarkets reported that by 2015 approximately 185 million ounces of silver will be used by the electronics industry. The article goes on to state this is not surprising since silver is more conductive than copper, gold, or any other element. There were several references to silver in upcoming nano applications mostly dealing with silver in ink-based products.
The National Commodity and Derivatives Exchange Limited (NCDEX) in Mumbai, India, announced it will launch gold and silver futures trading on Monday, December 29, 2008. These contracts will trade in lots of 1 kg for gold and 30 kg for silver. The contract size has been defined at these levels because many of these contracts will be physically settled! So, we cannot rule out India’s long history of respecting silver as a store of value and prized for many of the same reasons gold is so favored in the Western cultures.
****Physical settlement of Precious Metals-
rather than a commodity trader facing unfriendly persuasion from the commodity market to roll over the contract,
or be paid the cash equivalent for the contract instead of receiving the precious metal-
The Indian Commodity Market will allow traders to recieve the PM itself, what a novel (and honorable) idea.
|
I change with the times-
but like silver coins found in your change
I stay the same.
*****************
The United States of America started out as the new Republic of Rome.
Will The United States of America end up as the New Imperial Rome? |
|
Some silver news & developments
Forum Locked
