Peter Krauth: When Does Silver Deficit Become A Problem?
At this point, most silver investors have heard that the Silver Institute reports the market being in a deficit over the past 5 years. And while the price is higher this year, we're still on track for another deficit. Which has left investors wondering when we're going to see a more substantial impact on the price.
So today I'm joined by silver analyst and author Peter Krauth, who actually did some calculations on the matter, and talks about how long the deficits can go for before they become a bigger problem.
He also shares some interesting comments on the attitude towards silver in China, as well as his thoughts on how much it's costing companies to get silver out of the ground at this point.
To find out more, click to watch this video now!
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To get access to Peter's research at The Silver Stock Investor go to:
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To read the press release about First Majestic Silver's deal with Gatos Silver go to:
https://firstmajestic.com/investors/news-releases/first-majestic-announces-agreement-to-acquire-gatos-silver
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