Silver market to enter a period of tightness unseen for decades – ANZ

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Silver market to enter a period of tightness unseen for decades – ANZ Silver Metals Industries Banks Silver

Silver in structural deficit amid surge in demand from solar industry

Growth in mine production is largely beholden to other metals projects for which Silver is a by-product. Scrap, which makes up nearly 20% of supply, is also lagging. Above ground inventories remain plentiful but have dropped sharply over the past couple of years. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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