Links to forecast for silver supply and consumption?
reddwing
Posts: 137 ✭✭
Anybody seen some good articles on projected silver supply and consumption over the next five years or so?
I know that consumption is supposed to out pace supply (from mining and recycle).
Thanks in advance.
I know that consumption is supposed to out pace supply (from mining and recycle).
Thanks in advance.
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<< <i>Anybody seen some good articles on projected silver supply and consumption over the next five years or so?
I know that consumption is supposed to out pace supply (from mining and recycle).
Thanks in advance. >>
You'll find all sorts of totals, depending on who is reporting them and I suspect no one really has an accurate reading...BTW, I've heard that same song regarding "consumption outpacing productions" for the last 2 years and it did not have an affect on consumption. I'm beginning to believe that there is a variable that is not taken into account when those figures are posted. Based on the current price of silver, there appears to be more than enough available, to meet existing and foreseeable future demands. Most likely, the conspiracy advocates will disagree with my assessment, and chime in with some sort of market manipulation theory.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>New supplies from the ground will continue to decrease due to falling prices yet fixed costs. >>
Many gold/silver mining companies have announced INCREASES in gold/silver production over the last year as prices have dropped.
Knowledge is the enemy of fear
<< <i>
<< <i>New supplies from the ground will continue to decrease due to falling prices yet fixed costs. >>
Many gold/silver mining companies have announced INCREASES in gold/silver production over the last year as prices have dropped. >>
I think we need to wait to see the information in 2014 to really see the affect 2013 has had.
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