Few Silver Miners Will Be Able To Significantly Ramp Up Production

April 4, 2024

Silver industry executives have been talking about how there's an ongoing deficit in the silver market. That will necessitate a higher silver price for more production to come online.

Yet even if we saw a $35-50 silver price for an extended period of time, would that be enough to close the gap?

Don Durrett of GoldStockData.com compiles data on the silver miners, and in today's show he talks about whether even a substantial move higher would be sufficient to close the supply gap.

He also shares his thoughts on the recent rally, the reaction in the mining stocks, and what he's watching out for in the broader stock markets.

To find out more, click to watch the video now!

Arcadia Economics

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1 cubic foot of silver weighs approx 655 pounds whereas 1 cubic foot of gold weighs more than half a ton.

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