Now, demand for silver is climbing. And there is a supply shortage. But with narrow margins, times are tough for silver mining companies, even with silver at $30.
The company is pleased to announce additional drill results at the Aguilar vein discovery located 5 kilometres south of the existing resource along the 30 kilometre vein corridor.
Macleod discusses how paper currencies are failing, leading Asian countries to consider a gold standard. He suggests that silver may rise faster than gold as a strategic investment.
We're nearing a period where massive, sustained silver rallies will likely occur, as the best rallies often happen near peaks, with silver rallying around 2 years before each peak.
Grandich notes gold's shift to Asia has strengthened its market position, adding that both gold and silver now have equal importance, supported by global and U.S. political factors.
David and I discuss the bullish and bearish trends in the silver market. A lot of people are curious to understand the silver price of late, and David has some useful insights.
Murphy noted silver's resilience below $30 for years despite efforts to suppress it. Recently surpassing this mark, attempts to lower it have proven unsuccessful.
