Why Silver Demand Keeps Rising While Supply Stays Stagnant & What To Do About It
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Thu, November 10, 2022 at 12:00 PMendedReplay
Investor webinar replay
Meeting Overview The webinar focused on the rising demand for silver and stagnant supply, exploring the dynamics affecting the silver market. The discussion included insights from experts Chen Lin and Tavi Costa, along with moderator Peter Kraut, who presented data on supply challenges and demand trends in various sectors. Key Discussion Points - Overview of silver demand and supply dynamics. - Historical trends in silver mine supply and production. - The impact of COVID-19 on silver mining operations. - The role of primary silver mines versus silver produced as a byproduct of other metals. - Current and projected silver supply deficits. - Industrial demand for silver, particularly in solar panels and electronics. - Investment trends in silver, including physical coins, ETFs, and equities. - The significance of solar energy in driving silver demand. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Monitor silver supply and demand trends for...
Peter Krauth is a former portfolio adviser and a 20-year veteran of the resource market, with special expertise in precious metals, mining and energy stocks. He is editor of two newsletters to help investors profit from metal market opportunities: Silver Stock Investor, www.silverstockinvestor.com and Gold Resource Investor, www.goldresourceinvestor.com. In those letters Peter writes about what he is buying and selling; he takes no pay from companies for coverage. Peter has contributed numerous articles to Kitco.com, BNN Bloomberg, the Financial Post, Seeking Alpha, Streetwise Reports, Investing.com, TalkMarkets and Barchart, and he holds a Master of Business Administration from McGill University.
Stock Newsletter Writer at What is Chen buying? What is Chen selling?
Chen Lin is an experienced trader who brings timely buy-and-sell information to paid subscribers through the newsletter, "What is Chen Buying? What is Chen Selling?
Replay transcript excerpt
Speaker 1: Hi everyone and welcome to today's webinar hosted by 6. Speaker 1: Today's topic is going to be why silver demand keeps rising, why supply stays stagnant and what you can do about it. Speaker 1: So we have Speaker 1: 2 great guests today. Speaker 1: Chen Lin, who writes the newsletter, What is Chen Buying? What is Chen Selling? As well as Tavi Costa, who is a portfolio manager at Crestcat Capital. Speaker 1: I'm Peter Kraut. I'll be moderating Speaker 1: today's panel. Speaker 1: I write a silver-focused Speaker 1: newsletter called SilverStockInvestor.com Speaker 1: and recently published a book called The Great Silver Bull. Speaker 1: So today's format is going to be where we each do a short presentation Speaker 1: and then together are amongst the 3 of us will discuss some major points Speaker 1: and then we'll open the floor to questions from viewers. So as we present any time along the way, Speaker 1: please feel free to post your questions Speaker 1: to the chat at any time. So as I say, today's talk is going to be about silver, how demand is really, in my case, anyways, my talk is about how demand is outstripping supply Speaker 1: and what some of the dynamics are in this market. Speaker 1: Silver mine supply is very much challenged. Speaker 1: From what we can see, it peaked back in 2016. Speaker 1: Supply has been falling for the last Speaker 1: 4 straight years. Speaker 1: Actually the 4 years following that, it bottomed in 2020. Speaker 1: Of course that was exacerbated Speaker 1: by the COVID pandemic as a lot of mines Speaker 1: had some forced shutdowns or at least temporary shutdowns. Speaker 1: There was somewhat of an increase in 2021, Speaker 1: but certainly that has not kept up with demand as I'll show you in another slide or 2. Speaker...
