Silver is a ‘turbo-charged version of gold’ due to use in solar panels, Goldman’s Jeff Currie says

Silver as a key component in solar panels makes it a better investment than gold for investors who are interested in the metals market, Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Thursday.

Currie laid out his case in an interview on “Fast Money: Halftime Report,” and it didn’t have anything to do with the recent reports of an attempted silver short squeeze possibly sparked by Reddit users.

“I like to say that it’s a turbo-charged version of gold,” said Currie, global head of commodities research at Goldman Sachs, adding that silver could benefit from more green energy spending down the line.

Sprott Silver Bar by Sprott Money is licensed under CC BY 2.0

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