This aggressive acquisition strategy aims to secure silver for China's growing industrial needs, including solar panels, silver-zinc batteries, silver-plating, and electric vehicles.
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.
CEO McDonald: "These fat zones of moderate grade like 27 meters of 233 gpt silver cored by very high grades of 1100 gpt silver bodes well for building high quality ounces."
VP Hernandez: "La Ye is rapidly emerging as a cornerstone of the Santa Ana project, reinforcing our confidence in the district's capacity for substantial resource expansion."
Anyone with wisdom and foresight should safeguard their hard-earned wealth with gold and silver—timeless forms of money that have reliably served humanity for thousands of years.
Silver followed gold lower this past week losing 3.2%. While silver lost it was encouraging as silver lost less than gold. Could it be signaling a turnaround?
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.
