We find it only slightly ironic that while capping gold and silver with its left hand, Uncle Sam’s right hand is giving 30% tax credits and rebates towards solar power purchases, of which a large component is of course silver.
Did you ever think you would see a federal SILVER SUBSIDY?
Federal subsidies which increase demand for PHYSICAL SILVER. Just one more bullish factor for silver.
Just like subsidies for ethanol sent the price of corn soaring, subsidies for solar investments will drive silver prices.
Excerpt from Dr. Jeffrey Lewis’ latest:
Thanks to a tax credit worth 30% of the solar panel purchase price from the US Treasury, and low-cost, long-term financing, more companies are getting into the solar lease business. Google will fund a $300 million residential solar panel investment. Bank of America raised a $2.6 billion fund to do the same for commercial buildings.
This is a no-brainer for silver investors. Just like subsidies for ethanol sent the price of corn soaring, subsidies for solar investments will drive silver prices. Silver is, after all, the only component in solar panel developments that is rising in price. Get ready for the next move up.