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Silver’s Low Price Is Not Due To A Shortage, Says Marin Katusa (Part 2)
Silver could fall much lower, but this is not due to a shortage of silver according to one expert.
Producers have yet to see a “fracking” moment in the precious metals space, and there are plenty of players in the market innovating to worry about a shortage in silver, said Marin Katusa, chairman of Katusa Research.
“There’s all these new emerging markets that haven’t had the capital that we’ve had. For example, look at the fracking revolution. All that money went in and so much production came in. We’re not the only ones with technology and the ability to do it. China’s doing it. China’s a major producer, China produces more gold than America,” Katusa told Kitco News on the sidelines of the Silver & Gold Summit, “there’s going to be no shortage. (show less)
Silver could fall much lower, but this is not due to a shortage of silver according to one expert.
Producers have yet to see a “fracking” moment in the precious metals space, and there are plenty of players in the market innovating to worry about a shortage in silver, said Marin Katusa, chairman of Katusa Research.
“There’s all these new emerging markets that haven’t had the capital that we’ve had. For example, look at the fracking revolution. All that ... (read more)
Silver and Gold Summit 2018
The Silver and Gold Summit facilitates discussions and debates on precious metals trends, geopolitical risk and investment opportunities within the natural resource economy. Gathering the top thought leaders, CEO’s, investment professionals and retail investors from around the world, the Silver and Gold Summit provides an unmatched opportunity for investors to get a behind the scenes look at how to make money investing in the resource industry. Tremendous wealth will be created in this new resource bull market.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.
