Industrial demand for silver is on track for a new record high in 2024, and the silver market is on pace for its fourth consecutive annual supply deficit.
While gold and silver are experiencing a temporary pullback, history shows that all major bull markets have corrections along the way—and they often emerge stronger.
Krauth notes that while silver may often appear as a “laggard” early in a bull market, it historically outpaces gold in the long run, driven by industrial demand and investor interest.
Whether due to fiscal policies or structural economic challenges, precious metals are positioned to thrive in a landscape where financial stability is increasingly at risk.
Mike Maharrey interviewed David Morgan on the Money Metals podcast about the BRICS Summit, precious metals markets, and central bank digital currencies (CBDCs).