Peak Silver & Continued Supply Deficits Warn Of Future Higher Prices
SilverDoctors.com
November 30, 2016
This may seem a play on hype, especially for those who are a bit disillusioned by the price smash since the Trump President election.
But there is so little real physical silver out in the market, 3-4 billion oz – that any significant amount of capital moving into it will push its value to SERIOUSLY high levels:
From SRSRocco:
If the market has finally experienced a peak in world silver production, this warns of higher prices in the future. In addition, the global silver market suffered another large net supply deficit in 2016. These factors point to a big upcoming trend change in the future silver market.
The Silver Institute just published its 2016 Silver Interim Report. This report is published by Thomson Reuters GFMS. According to their forecast for 2016, global silver production will decline to 887 million oz (Moz), down from 893 Moz in 2015:
The Rest…HERE
