What impact would this have on silver prices?

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highfrequencytraitor
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What impact would this have on silver prices?

       Researchers at University of Kentucky have found a way to generate hydrogen from water with a simple compound and sunlight. This will really hurt the solar industry if it pans out. How much of an impact do you think this would have on silver prices?

      I am not familiar with the amount of silver used per annum in the solar-panel industry. Would this depress demand enough to hurt prices.

Edited by admin on 11/08/2014 - 06:08
tallydynasty
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Solar isn't even really

Solar isn't even really rolling on it's own yet.

highfrequencytraitor
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Thats for sure but...

Solar will probably never be an economically viable source of energy but there are a lot of companies making solar panels, some of which use silver and I am not sure how much of a demand that works out to. If it a few thousand ounces a year then no big deal, if it is a million or so it may have an impact on the price we see. Not long-term but it may put a dent in prices if demand drops suddenly.

Does anybody know where to find the demand generated by solar panel industry?

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