Summary:
- The US Navy is constructing a giant solar farm in Arizona to power its bases in California. This is a push by the DOD to decrease its carbon footprint.
- While this facility is being constructed by Sempra Energy, there is no guarantee that other facilities will be. Thus, silver could be a good way to play this development.
- The construction of solar panels requires far more silver than any other current applications, which will undoubtedly increase demand.
- Silver demand has exceeded supply for two years but the market price does not reflect this due to the dominance of the futures market.
- This dominance may be about to change, which will cause the price of silver to surge upward to reflect actual fundamentals.
By Power Hedge
On August 21, 2015, the United States Navy announced that it has begun construction on a 210 MW direct current solar facility in the Arizona desert that is expected to supply one-third of the energy needed to power fourteen naval bases in California. This is the first of several solar projects that the Navy and Department of Defense in general are planning to undertake in the next few years in an effort to diversify their sources of power as well as reduce the military’s carbon footprint, which is larger than any other single entity in the United States. Source
HOW TO PROTECT YOUR WEALTH:
One way to do this is through the ownership of tangible assets – specifically gold and silver which is “God’s Money”.
Robert Kiyosaki speaks on how in 1971,Richard Nixon convinced the entire world to replace gold and silver with paper money that isn’t backed by gold.
<iframe src=”https://www.youtube.com/embed/9YMwOVrtJNA?rel=0&controls=0&showinfo=0″ width=”480″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”></iframe>
Call (888) 747-3309 to learn how you can hedge your portfolio against inflation with tangible assets and precious metals (gold, silver, platinum, palladium)
Call Us Today Toll-Free 888.747.3309
Request a FREE Silver Report on How to Protect my Assets