Analyst Forecasts Silver Shortage, Price Increases As Consumers Tap Dwindling Secondary Inventories

Quick Summary:

Peter Krauth, a silver market analyst and author of “The Great Silver Bull,” has predicted an upcoming silver shortage produced by the increased demand for the precious metal for different applications.

Krauth states that demand for silver has outpaced supply, and there are probably 12 to 24 months of silver available before inventories run out.

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Article Details

Author / Journalist: Sergio Goschenko

Category: Crypto

Markets: Japan

Topics: Silver Chinese consumers Peter Schiff Precious Metals Economics Peter Krauth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-17 @ 18:27:32 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 21288023

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