A new report on silver supply and demand is available and it's not too shabby.
https://www.silverinstitute.org/site/2015/05/06/key-components-of-global-silver-demand-rose-in-2014/
While overall industrial demand remained strong, we saw a sharp drop in silver bar and coin demand. This drop was seen in the U.S., China and Europe. We went from a deficit back into surplus, which explains the drop in silver price. Demand fell 5% year over year.
Supply increased as expected on a linear basis. 6% year over year.
https://www.silverinstitute.org/site/2015/05/06/key-components-of-global-silver-demand-rose-in-2014/
While overall industrial demand remained strong, we saw a sharp drop in silver bar and coin demand. This drop was seen in the U.S., China and Europe. We went from a deficit back into surplus, which explains the drop in silver price. Demand fell 5% year over year.
Supply increased as expected on a linear basis. 6% year over year.
Geen opmerkingen:
Een reactie posten