Listen: George, US and J P Morgan discussed on Coast to Coast AM with George Noory
"I got your message. That's a silver market is heating up. What's going on George? We always monitor the US mint sales in the middle of the summer. We saw an eighty percent increase in silver sales and with the stories about the potential silver shortage from solar demand. This news seems to be in line with projections for one hundred dollars silver. Are we seeing other signs that the silver market is heating up? Well, why the meant was selling more silver medals exchanges? Are also heating up buyers took delivery of more than thirty million ounces this summer with J P Morgan adding one million ounces to their stockpile of one hundred and thirty-three million ounces and last time we talked you told us about China's plans to build huge solar farms, which could spike silver demand. We also talked about California being the first state to. Choir. New homes to have solar are there? Other states many are in the process, but the latest trend is community solar. What's that? That's where cities installed solar panels and homeowner share the power, Minnesota's doing this. And if it's successful the program could see community solar expand nationwide, even globally and as your report says without silver. There would be no solar. Exactly. That's why some experts are calling for one hundred dollars silver. And according to the world silver survey. Demand is already exceeding supply. It's starting to get exciting. Kevin our listeners are passionate.."