Silver: The Next Precious Metal to Soar - Grey House & Weiss

EVENING FINANCIAL READ OF THE DAY

Silver: The Next Precious Metal to Soar
Wednesday, December 14, 2022

In October, I wrote an article, &ldquoSilver Rally in 3 … 2 … 1!” Since then, silver is up about 20%, and silver miners are tracking the metal closely.

But buddy, you ain’t seen nothin’ yet! When silver blasts off, it can run to the moon.

Heck, just back in 2000, silver rallied by 126%. And that’s not even one of the big rallies. From 2003–2011, we saw the metal surge more than 955%!

In my previous article, I gave you three reasons why silver could rally much higher: (1) rising industrial demand, (2) investment demand and (3) peak global silver production. Here are three more …

Reason No. 1: Demand Is Outstripping Supply

The Silver Institute says that in 2021, year-over-year demand increased by 19% versus a 5% increase in supply. This year, it hasn’t been as big of a gap, but demand is still outpacing supply.

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