Like gold, silver was once a part of the U.S. monetary system - until 1964, when silver's monetary status was officially abandoned. Although silver has officially withdrawn from the historical stage of currency, this has not slowed down the depletion rate of silver stocks. As an important manufacturing material, silver is increasingly used in the production of computers, televisions, telephones, automobiles, and solar panels.
The current industrial demand for silver has accounted for 50% of its total demand. In 2010, the world's industrial demand for silver was about 15,200 tons, but by 2015, the demand had reached the level of 21,000 tons, which means that the industrial demand for silver is expected to increase by about 38% in the next four to five years. Moreover, a large number of facts can prove that the demand for silver in the future will expand dramatically.
-- Both China and India have huge plans for solar power generation, which will no doubt boost global demand for silver. my country alone has planned to develop 100 billion watts of solar energy before 2020, and according to estimates, this goal may be completed ahead of schedule and the target value will be increased.
——Morocco plans to supply solar energy to 1 million households in 2018.
——In China and the United States, the demand for silver in the automotive industry has exceeded 1,000 tons per year, and this figure will continue to accelerate as the economy continues to recover.
From the perspective of physical investment, compared with gold, the unit value of silver is smaller, and it is more likely to attract the attention of new wealth groups in emerging economies such as China and India. Its value storage and value preservation and appreciation functions will be more and more popular. recognized. From the perspective of derivative investment products, the investment threshold of spot silver is lower and the volatility is stronger. No matter what trend the international silver price is in, long-term, medium-term and short-term investors have the opportunity to make profits.