Continued supply constraints on silver, when combined with robust industrial and investment demand, are likely to power silver higher heading into the new year and beyond.
A relative handful of financial institutions, mostly banks, for the past 40 years have colluded with each other in selling short aggressively in sufficient enough quantities whenever silver prices rose to cap and contain all silver rallies.
Rick Rule (Part 2) explains why Silver supply is declining and it is likely unavoidable due to lack of investment in new copper mines and other base metals.
In addition, political issues in Peru and elsewhere are making new investment even more risky.
Rick Rule talks about how he is buying assets when they are hated the most.
That is when the easy money is made.
When fear and greed enter these markets, pay attention to the big picture.
Bradford Cooke is keeping over 1 million oz of Silver off of the market waiting for higher prices. Also Brad shares his opinions on the market, the crazy central banks and the long term outlook for the Silver mining industry, plus Aztec Minerals.
Two realistic price movement scenarios can see silver finally ascend through the magnetic $50 level in 2022. A case can be made that either – or perhaps both – have a strong likelihood of taking place.
