More Efficient Solar Cell may Reduce Silver Demand! Will Silver Price Drop?

Heraeus recently reported that new innovations in the photovoltaic sector could lower the amount of the Silver required for the next generation of solar cells. Today we will explore these new technologies and how they may impact silver demand.
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[@user-gk2zm7sq5v]

Thats ok---- its heavily needed in the military and many other electronics 😅

[@MinuteManPreciousMetals]

@@user-gk2zm7sq5v 18% of global usage is hard to ignore. Silver usage in the military is oversold to the public by other RUclipsrs. My father worked for Phelps Dodge and manufactured the silver wire in Patriot and Tomahawk missiles. It is much less than what people are estimating, however due to my own rank in the military I will never mention specifics on that topic.

[@MinuteManPreciousMetals]

As the price of silver increases, do you think we can expect technologies to innovate and utilize less physical silver?

[@WvhKerkhof]

Recession will reduce silver usage even more.Silver is typical for americans, in other countries crypto is much more popular. I think only USA has silver shops, if i watch RUclips is see Amreican video's, i live in Europe.

[@MinuteManPreciousMetals]

@@WvhKerkhof thank you for the feedback and European perspective!