Silver Soars as Global Deficit Comes into Focus
From litefinance.org
The global silver market is projected to mark its sixth consecutive year of supply deficit, with robust demand from China showing no signs of slowing. The trajectory of XAG/USD quotes will hinge on developments in the Middle East, although downside risks appear limited. Let's analyze the situation and make a trading plan. No matter how the conflict in the Middle East ends, gold and similar assets offer a surefire way to shelter your funds. According to the Silver Institute, if the conflict de-escalates, the expectation of massive monetary policy tightening by central banks worldwide will subside, boosting XAG/USD ...
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