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To: Sun Tzu who wrote (115259)1/6/2022 3:18:04 PM
From: John Koligman
   of 115998
 
I saw a bunch of articles out on the web all stating numbers in the range below:

Average vehicle silver loadings, which are currently estimated at 15-28 grams (g) per internal combustion engine (ICE) light vehicle, have been rising over the past few decades. In hybrid vehicles, silver use is higher at around 18-34g per light vehicle, while battery electric vehicles (BEVs) are believed to consume in the range of 25-50g of silver per vehicle. The move to autonomous driving should lead to a dramatic escalation of vehicle complexity, requiring even more silver consumption. Silver automotive demand this year is projected to be 61 Moz;Ancillary services that require silver are also increasing, including charging stations and charging points for electric vehicles; andThe acceptance of BEVs is gaining momentum, as an increasing number of countries adopt policies that support the BEV industry.

https://mercomindia.com/solar-ev-sectors-to-prop-silver-demand/

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To: John Koligman who wrote (115261)1/6/2022 3:48:06 PM
From: Sun Tzu
   of 115998
 
The problem is that those numbers come from the silver mining CEOs. I am yet to see a projection from a metals analyst. When I did my search on the subject, and by no means am I a metals analyst or have access to all the data that I needed, I saw that EVs actually use less silver than ICE. Additionally, all the solar stocks are crashing - which may be it means the solar cells are not selling, which by extension means less demand for silver.

However, other industrial uses are picking up and the inflation is up. So despite the above I am finding it strange that silver prices are this low while just about every other commodity has gone through the roof.

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To: Sun Tzu who wrote (115262)1/6/2022 5:05:01 PM
From: Lou Weed
1 Recommendation   of 115998
 
Here's some more info....

silverinstitute.org


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From: Sultan1/6/2022 11:23:21 PM
   of 115998
 
FWIW

The Great Gold Love Trade Is Alive And Well, As India Buys A Record Amount

usfunds.com

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To: John Koligman who wrote (115261)1/7/2022 6:53:06 AM
From: Cogito Ergo Sum
   of 115998
 
I wonder how autonomous driving will affect insurance premiums :)

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From: Julius Wong1/7/2022 7:13:48 AM
   of 115998
 
India spends record $55.7 bln on gold imports in 2021 - govt source

reuters.com

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To: Cogito Ergo Sum who wrote (115265)1/7/2022 11:54:33 AM
From: John Koligman
   of 115998
 
All I can say there is that it seems to be slipping farther and farther into the future <ggg>.

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To: John Koligman who wrote (115267)1/7/2022 12:00:50 PM
From: Cogito Ergo Sum
2 Recommendations   of 115998
 
Sounds like a Steve Miller tune :)

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From: Sultan1/7/2022 3:57:12 PM
   of 115998
 

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To: Cogito Ergo Sum who wrote (115265)1/7/2022 10:09:15 PM
From: John Koligman
   of 115998
 
Saw another timely article on the topic today, looks like Tesla will soon be charging north of 12k extra for an option that isn't fully enabled. Count me out <ggg>.



Tesla raising price of Full Self-Driving option that still doesn't fully self-driveYou'll pay $12,000 for the privilege beginning Jan. 17. And Tesla CEO Elon Musk says the price will go up again in the future.



Steven Ewing

Jan. 7, 2022 3:37 p.m. PT

LISTEN
- 01:18



Enlarge Image
Nope, can't drive itself.

TeslaTesla will once again raise the price on its misleadingly named Full Self-Driving feature, company CEO Elon Musk tweeted Friday. Beginning Jan. 17, the Full Self-Driving option will cost $12,000 -- a $2,000 increase over the current price.

This is the second time Tesla raised the price on its Full Self-Driving function that -- and we cannot stress this enough -- is not a fully self-driving technology. (There are no self-driving cars currently for sale.) In Nov. 2020, the price for FSD rose from $8,000 to $10,000.

Musk also tweeted that the price for Full Self-Driving will rise again as the technology gets closer to production.

Right now, selecting the FSD option gets you Tesla's Autopilot driver-assistance suite, which includes automatic lane changes, automatic parking, steering assist on limited highways, the Summon function and more. If you purchase the FSD option, the car gets added hardware that will enable fully self-driving capabilities if and when those ever become legal for road use.

We've found the Autopilot system to be hit or miss on long-term Tesla Model Y crossover, largely due to a constant phantom braking problem. Tesla's made a number of over-the-air updates to this technology over time, and says it is constantly tweaking and improving these driver-assistance features.

Tesla does not operate a public relations department and is therefore unable to comment on Musk's tweet.

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