Only Continued Silver Drawdowns From Above-Ground Stocks Can Balance Market In Next Few Years

We've talked with analysts, miners, and economists over the past few years to see if there's any relief on the horizon towards the current imbalance in the silver market.

The Silver Institute and Metals Focus have reported the silver market being in a deficit for the past 5 years (5 years if the ETF flows are accounted for in the net balance, 3 years if they are not). Which at times has been funded by depletion of the above ground stockpiles.

But with the silver mining industry still just starting to recover from a harsh 2 year bear market, while the junior side of the market in many cases still has yet to see significant investment inflows, Metals Focus just put out a report saying that only continued draw downs from the above-ground stockpile will be able to balance the market over the next few years.

Vince Lanci takes a look at the report, and the significance of what they're saying, especially in relation to who they're saying it to.

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

Arcadia Economics

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