Industry now consumes 60 percent of silver compared to 50 percent a few years ago. Krauth believes the disconnect between undersupply and overdemand will eventually lift silver prices. Last year, the Silver Institute predicted industrial demand would grow by 4%, when it grew 8%. It expected solar power installations to require 160 million ounces when […]
Simply put, the corrections in Gold and Silver are coming to a close. The peak in the 10-year and the DXY will signal the beginning of the rally to new record highs in Gold. My target for Silver is 28-30. Then the 10-Year will fall below its low of 3.78% while the DXY breaks 100 and
From Dystopia to Utopia in Gold & Silver Read More »
In their recently published 2024 outlook, analysts at AuAg Funds said they expect to see a 20% rally in gold prices this year, pushing the market past $2,400 an ounce. “We believe that central banks will shift away from rate hikes and adopt a more accommodative policy stance in 2024, which will catalyze a substantial
Industrial demand for silver is expected to set a record in 2023. According to a forecast by Metal’s Focus in conjunction with the Silver Institute, industrial silver demand is on pace to rise by 8% to a record 632 million ounces. According to a separate report, industrial demand for silver is forecast to increase by
Industrial Demand for Silver on Pace to Set Record in 2023 Read More »
The green energy revolution is here to stay, and it will likely have significant impacts on the silver market moving forward. Silver is expected to play a significant role as the “green economy” evolves. The Silver Institute recently participated in a panel discussion titled “Silver’s Role in the Green Economy” at the London Bullion Market Association’s
“Green Economy” Expected to Boost Silver Demand and Other Silver News Read More »
Gold prices continued to shrug off rising rate hike expectations and skyrocketing Treasury yields as they remain near $2000 per ounce, and while silver’s low prices supported coin sales, the precious metal remains oversold, according to analysts at Heraeus. US Mint silver American Eagles “Cumulative sales year-to-date (including the first two weeks of October) were
He said we can expect even bigger moves up when the markets figure out the inflation problem isn’t solved. On Friday, Oct. 13, gold charted a huge rally, up nearly $64 on the day. That represented a $110 swing upward from the low a week earlier. Peter said he thinks if gold can break through
Gold Rallies on Worse-Than-Expected Inflation News: Peter Schiff Read More »
Viewed as both an industrial and precious metal, silver can offer versatile risk protection for market participants. Silver is a valuable precious metal that has been used as a form of currency and store of value for thousands of years. Like gold, silver offers a historically low correlation to assets like stocks and bonds. When
Silver: A Bridge Between Industrial and Precious Metals Read More »
