Are We On The Verge Of A Silver Crunch?

Silver supply has not yet peaked, and the range-bound trading pattern is due to excessive supply above ground, not below it, according to Johann Wiebe, Lead Metals Analyst at Thomson Reuters.
In an interview with Kitco News, Wiebe said that on the demand front, the biggest drivers last year have been industrial, specifically solar energy and electric cars.
"On the solar side, we definitely see continued, strong demand, going forward, driven by China" said Wiebe. (show less)

Silver supply has not yet peaked, and the range-bound trading pattern is due to excessive supply above ground, not below it, according to Johann Wiebe, Lead Metals Analyst at Thomson Reuters.
In an interview with Kitco News, Wiebe said that on the demand front, the biggest drivers last year have been industrial, specifically solar energy and electric cars.
"On the solar side, we definitely see continued, strong demand, going forward, driven by China" said ... (read more)

Kitco News

Kitco News
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.