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Silver Wheaton Corp. Message Board

  • investorzzo investorzzo May 28, 2014 6:40 AM Flag

    Massive new Solar project!

    We’ve been discussing the implications Modi being elected in India would have on the price of gold for nearly 9 months at SD- but it appears that gold won’t be the only precious metal majorly affected by Modi’s policies.
    Bloomberg is reporting that Modi has announced plans for a massive solar power initiative to bring power to every Indian home by 2019.
    Considering the fact that nearly 1/2 billion people in India currently are without access to electricity, the Modi plan would bring monumental new demand to the solar panel industry- as well as to one of the solar panel’s main components…..SILVER.

    Sentiment: Buy

25.60-1.22(-4.55%)Aug 30 4:02 PMEDT