That’s 100% growth from 2024.
3.125 mil solar panels are needed per each gigawatt.
20 g/t silver are needed for each solar panel.
That’s 2 mil silver ounces per gigawatt.
and 300 mil gigawatt capacity is being prepared right now.
That’s 937.5 mil solar panels
needing 18.75 billion silver grams
or 603 million silver ounces.
The silver market has already been running at a 100 mil ounce+ deficit for three years.
Solar only consumed about 200 mil ounces in 2023.
New solar installations will consume another 600 mil silver ounces over the next year alone.
There isn’t enough silver to meet demand.
This will eventually result in higher silver price.
The Golden Portfolio 10X contains the world’s best silver mining companies.
These silver mining companies consist of…
- The best silver deposit in the world:
This deposit holds over 1 billion silver ounces at a 700 g/t average grade. The average silver mine struggles along at about 200 g/t. This miner processes ore at 3.5X the average. Strongly profitable, this miner is launching a dividend soon. An expansion to double production is a likely possibility. - The highest-grade silver project in the world:
This new issue, funded by a mining billionaire, has historical grades of over 2,000 g/t. This is an early-stage project in Peru that could grow to be a high-grade monster. - A rare (only 2 in the world) pure silver developer that holds 200 mil silver ounces:
It’s located near Potosi, where legendary Cerro Rico silver mine is found. And it fueled the Spanish empire for 300 years. - The other rare pure silver miner located in Morocco, that has been untouched by modern mining:
Basically, this miner consists of virgin deposits like the high-grade veins the Spaniards mined 100’s of years ago. This mine is expanding production nearly 3X in 2024. - The highest-grade silver producer in the world:
This silver producer mines at 750 g/t average grade. Located in Mexico this miner was so profitable in its 1st year of production that it was able to pay down all its debt, build a cash balance, and buy back shares – all in less than a year.