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In a Post-Climate Change World, Silver May Win the Gold

From etftrends.com

According to Incrementum’s 15th annual “In Gold We Trust” report, silver might be “the main winner of both monetary and meteorological climate change.” Silver already has supply and demand circumstances that are highly advantageous for investors. Coming off mine closures during the COVID 19 pandemic, the supply of silver remains depressed, even as the metal faces increased demand, due to its numerous uses as an industrial metal and its value as an inflation hedge. An estimated 100 million ounces of silver will need to be mined to meet projected demand, roughly 10% of the current market. “I don’t see a lot of 10 ... (full story)

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  • Category: Fundamental Analysis