Contradictory articles and videos speak with strong arguments in both directions. Data references are unverifiable. Do you believe in the silver running rapidly short? Or, do you believe the "shortage panic" is largely exaggerated and actually there's no silver shortage? Please also explain why you believe what you believe...
Just like peak oil BS No shortage at all There are silver mines waiting to go online Except the price at the moment it isn't worthwhile to run them Which means the refiners have less to refine = silver shortage ?
For me it's a great shortage for I only have a 2 oz. stack. For JPM with over 130 million oz - there is never enough ink and paper.
There is a finite amount of silver to be mined, I think your real question is "where can you find a reliable long term forecast to determine the future price of silver". In today's information age, it has never been faster or easier to do research. It has also never been more important to be able to evaluate sources for credibility. I prefer to rely on published government data. For an accurate silver, gold and platinum forecast I recommend world bank data. See page 24 Appendix A for price forecast in constant US dollars: http://pubdocs.worldbank.org/en/743431507927822505/CMO-October-2017-Full-Report.pdf I have noticed that they have revising there precious metals forecasts upwards.
Long term silver is forecast to depreciate, although in the very short term it should increase (see my other post)
I checked that Appendix A. Now I am not one of those thats clinging onto hope of $10000 gold but the prediction Gold will be worth less than today in 2030 seems just ridiculous to me. The primary trend is still going up !
there is Swans shortage, but you can always buy Maples https://www.apmex.com/product/161558/2018-australia-1-oz-silver-swan-bu
That’s right. When oil was cheep it wasn’t economical to drill for it in the oceans. Now that it is, we will have oil for a long time. If silver becomes more expensive then we’ll start minining it from underground in the oceans.
That depends on whether its function changes. For example if its innate qualities can be replicated by other goods, then it’s only value may be as jewellery. If that’s the case there’s an awful lot of bullion in store that may be melted down which could drive the price of gold lower.
most of silver come as byproducts of copper zinc etc, if miner is losing money on their main products, it is hard to imagine that constant supply can continue, it will take a big force for silver to make those primary miners to mine silver and keep their copper and zinc there is contestable supply for gold, this is different from silver, majority of silver is consumed in industries, balance 5+% for coins investments and so on the warehouses or storage supply of silver is lesser than gold in capacity anyway, it is comical none the less
