zaterdag 13 mei 2017

Silver Net Balance Turns More Negative

The silver institute has reported 2016 silver demand and supply numbers.

 

We see that there was a silver deficit, but the most important number is that a lot of silver was taken away from the market via inventory build.


This is definitely beginning to look like it's 2008, where deficits also soared. A few years later, the silver price went up.

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