Biden using Defense Production Act to boost US solar manufacturing

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Biden’s so worried about what his green policies are doing to the economy (and thus to the mid terms and the 2024 elections) that he’s willing to throw money at solar production. He might as well be writing checks to silver speculators because they will be front running the solar panel makers for sure. Said differently, solar supply takes time to ramp thus making it easy for speculators and investors to suck up every ozt of silver available before the miners actually order the silver needed for their production. Even at $200 per ozt the cost of silver will be a small cost adder to each panel. So there will be no real silver shortage, only a shortage of stupidly cheap silver.

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www.bloomberg.com/news/articles/2022-06-06/joe-biden-seizes-executive-powers-to-boost-us-made-solar-panels?srnd=premium#xj4y7vzkg

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