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Jeff Brown: Solar Energy Drives Silver Demand In China – Shadow of Truth #36

Monday, June 15, 2015 11:59

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(Before It's News)

TND Podcast Spotlight: Shadow of Truth |

Jeff Brown of 44days.net – Reflections in Sinoland is our “eyes and ears on the ground in Beijing. Because he lives in a suburb of Beijing with his family, he can provide us with real news, data and political/economic developments in China – as opposed to the filtered propaganda vomited at us from U.S. media puppets.

Very little is known or understood about China’s silver demand and imports. In our last episode – Unlocking Some Secrets to China’s Silver Demand – Jeff was able to dig up some information on China’s imports which we believe heretofore has not been published in the west.

Based on everything I could find, it looks like China is trying to get its hands on all the silver it can find. – Jeff Brown

This episode Jeff presents us with some stunning statistics regarding the amount of silver required by China to meet its 5-yr plan to install 100 gigawatts of solar (by 2020). In China, 1 gigawatt will power about 3 million homes (vs. about 700,000 homes in the U.S. – the U.S. is an energy hog). The plan calls for converting 300 million homes to solar by 2020.

It takes 236 metric tonnes of silver per gigawatt of solar energy. This translates into 8.3 million ounces per gigawatt of solar energy output. If China installs 100 gigawatts in the next 5 years, this will require 26,300 metric tonnes, which is 731.6 million ounces of silver. On an annual basis, China’s solar industry alone will require more than the entire amount of silver produced annually by Chinese mines.

In the context of what is believed to be a massive short-squeeze developing in the global supply of silver, it is likely that China’s push to solarize its middle class could have an extraordinary affect on the price of silver. Please click here to see this video and subscribe to our channel: Shadow of Truth.

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About Dave Kranzler:

I spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, I traded junk bonds for Bankers Trust. I have an MBA from the University of Chicago, with a concentration in accounting and finance. My goal is to help people understand and analyze what is really going on in our financial system and economy. You can follow my work and contact me via my website Investment Research Dynamics. Occasionally, I publish on Seeking Alpha too. As a co-founder and principal of Golden Returns Capital, LLC Mr. Kranzler co-manages the Precious Metals Opportunity Fund, a metals and mining stock investment fund.

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About The Daily Coin:

TheDailyCoin.org was founded by Rory Hall. The website features articles and commentary, as well as The Daily Coin podcast, also appearing on The Daily Coin YouTube Channel. Mr. Hall has served as a daily contributor to STGReport.com over the past two years. He has written several original articles and interviewed some of the top precious metals professionals in the industry, as well as top preparedness specialists in the world. YouTube Channel, The Daily Coin, was launched in February 2014 and website TheDailyCoin.org was launched April 25, 2014