Who's buying physical silver right now?
- Thread starter Kirk777
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polymoog
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- Jun 17, 2017
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ask it over here on magnetics main thread:
vigilantcitizenforums.com
Silver the way to freedom? Insurance against inflation and financial crisis?
The snowball has started to roll..... Is buying physical silver the way to freedom? Join the movement? As of writing 36.4k members and still growing? “The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb https://www.reddit.com/r/Wallstreetsilver/
“Physical Demand Will Completely Overwhelm Supply” And How Silver Could Wind Up Over $270
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In summary, the demand for physical silver is greater than the supply – the amount being mined each year. And it’s expanding. At the same time, silver is in the cross hairs of a new class of “deep pocket” investors, from hedge funds to home offices. And the “retail” demand is on the rise as well. As an example, our business at Miles Franklin is up between 300% – 400% and it is 95% silver. This new, large demand is, in part, being funded by savvy investors taking profits on stocks and Bitcoin.
Most commodities have one primary source of demand, like copper – which is solely an industrial metal, and gold, which is mostly a monetary metal. Silver is in demand by both industry and investors. At some point they will be in competition with each other. That point is not far off. So yes, I think a squeeze is not only possible but actually highly probable.
www.nationandstate.com
...snip....
In summary, the demand for physical silver is greater than the supply – the amount being mined each year. And it’s expanding. At the same time, silver is in the cross hairs of a new class of “deep pocket” investors, from hedge funds to home offices. And the “retail” demand is on the rise as well. As an example, our business at Miles Franklin is up between 300% – 400% and it is 95% silver. This new, large demand is, in part, being funded by savvy investors taking profits on stocks and Bitcoin.
Most commodities have one primary source of demand, like copper – which is solely an industrial metal, and gold, which is mostly a monetary metal. Silver is in demand by both industry and investors. At some point they will be in competition with each other. That point is not far off. So yes, I think a squeeze is not only possible but actually highly probable.
“Physical Demand Will Completely Overwhelm Supply” And How Silver Could Wind Up Over $270
"Physical Demand Will Completely Overwhelm Supply" And How Silver Could Wind Up Over $270 (Submitted by Quoth the Raven from QTR's "Fringe Finance"
www.nationandstate.com