While anybody invested in gold and silver is already well aware of how the silver price crashed by 30% this past Friday, what hasn’t been mentioned as much is how this affects the silver mining companies and their efforts to bring more silver online to address the deficits, when the price just showed that it’s more volatile than ever.
Fortunately, I did have a silver industry executive on our YouTube channel, who explained what the thought process is like for the mining companies as they watched the price soar to over $120, then come back down to under $72, before reaching the current level.
So I thought you might enjoy this one, and hopefully it adds to your understanding of the complex, yet fascinating dynamics that exist in the silver market right now.
Sincerely,
Chris Marcus
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