Silver enjoys a unique combination of ongoing supply deficits, rising industrial and monetary demand, and tight physical market conditions, which offer multiple vectors for prices to appreciate, according to Paul Wong, managing partner and market strategist at Sprott Inc. In a recent analysis of the precious metals market, Wong noted that silver prices recorded their largest monthly decline since September 2011 in June. “For the quarter ended June 30, silver fell $16.57/oz, or -22.04%, the worst quarter since the first quarter of 2020 during COVID panic selling,” he noted. “Silver’s selling wave in June tracked ... (full story)