New breakthroughs in nanofiber technology have just been announced that have produced carbon based materials that exceed the conductivity of copper, but with half the bulk, one tenth of the weight and a lower price.

Manufacturing of the new highly conductive materials is already in construction, according to recent MIT and Cambridge material science reports.

This cutting edge technological advance could have huge benefits for the development of electric cars and airplanes in particular, as well as notably reducing industrial demand for copper.

How Nanofiber Advances Could Boost the Price of Silver

Still, such nanofiber development could well be a disruptive technology for the silver market, with a potentially very significant bullish impact on the price of silver.

Just consider what would happen to the supply of silver if copper becomes essentially obsolete for its major industrial use as an electrical conductor in virtually every electric product’s wiring.

Since most of the new silver currently being produced is a byproduct of copper mining, the production of silver from mining should drop considerably if demand for copper decreases substantially, thereby driving silver prices way up as physical metal shortages increase.

Once the precious metals market becomes free from price controls, and aware of this major technological news, a nanofiber induced rally in silver could happen very quickly.

By Dr. Jeff Lewis

(Hmmmm. Working in the front line innovation engineering field has me very interested in this development. My guess is that low weight conductors could have the same affect on electrical power utilization as the evolution of insulator material from shellac to bakelite & then plastic in the 20th Century ... and apparently this new conductor material is in industrial production now ... read again lighter and cheaper ! I sure am happy I am not hung with that copper resource under the moose pasture of McFaulds Lake and being well fortified with bullion, I maintain hope for the potential of UC. Hey and look at he price of Ag today - gotta love the trend. If sideline $'s seek safe haven in bullion this fall this trend could continue - think Syria. I would not be surprised to see $40 this fall as I have come to believe this is the unmanipulated value of Silver - Aafab)