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In today’s precious metals news, we look at silver. There is a particular industry that analysts foresee will require more of the grey metal. That rise in demand will pull the price of silver upwards.
In other news, we look at what Joe Biden’s COVID-19 relief package announcement is already doing to the price of gold.
All this and more. Let’s dig in…

Economy
Expect Silver to Rise as Automobile Production Demand Increases
Last month Schiff Gold reported that the surge in solar energy use could power a strong demand for silver. Now analysts say demand from another sector could also benefit the white metal. A report by the Silver Institute projects that the automotive industry will absorb nearly 90 million ounces of silver annually by 2025. That would rival demand for silver in the photovoltaic industry and potentially make it the largest industrial application for silver.
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International
REPORT: Insights from the Singapore Bullion Market Association
The Singapore Bullion Market Association has published the latest issue of their Crucible digital magazine that focuses on Singapore’s precious metals market.
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Commentary
[VIDEO] Silver’s Future in Focus: Tesla, Solar, and the Coming Supply Shock
Join Mike Maloney and Jeff Clark in today’s Special Report as they explain how massive demand from the electric car and solar industries could mean future supply shocks for silver.
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Price
Upcoming Biden Announcement Drops Gold Down $20
President-elect Joe Biden is expected to unveil a major Covid-19 relief package worth roughly around $2 trillion on Friday, CNN reports, citing two people briefed on the deliberations. His advisers have recently told allies in Congress to expect a price tag in the ballpark of $2 trillion, up $700bn from the $1.3 trillion package Schumer asked for in late Wednesday's NY trading. “The Biden team is taking a "shoot for the moon" approach with this package.”
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Price
Why You Should Focus on Gold in 2021
for the book and why he is bullish on gold. We discuss why he favors the royalty investment over individual miners, and his views on how much gold exposure one should own. We also discuss his view on the spending coming to the American economy, and what it means for commodity prices which have begun to rise. He believes that the new administration will be a weak dollar administration, thereby increasing the prices for real goods over debt instruments and American currency. This rise is affecting quality and price of good, such as food items. EB explains his view on the differences between Bitcoin and gold, and why Bitcoin is a more speculative investment class while gold is really money and can be used to protect wealth. You can protect against price inflation by purchasing gold.
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Commentary
The Gold Investor of the Future
Over the past two decades, economic activity has made a gradual shift toward the digital realm, with today’s largest companies intrinsically linked to the world of the internet, digital commerce and digital infrastructure. In fact, internet-centric technology has probably been the single most important means of allowing companies and individuals worldwide to carry on with their businesses and lives during the Covid-19 lockdowns. The pandemic has accelerated digital adoption in 2020 – and this could well be the inflection point for the investing community. Financial investing is becoming more mainstream, with the ubiquitous adoption of smartphones enabling access to mutual funds, ETFs, stocks, commodities, and more. Robinhood, the notoriously popular trading app, has been attributed, rightly or wrongly, to some seemingly inexplicable moves in the stock market. Now valued at nearly US$14 billion, it boasts
more than 13 million users. Revolut, another fintech giant, has reinvented itself from a travel solutions provider to a fully-fledged digital bank, now offering commodities and crypto trading.
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