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Silver prices to be sustained by shrinking supply, higher demand
https://www.kitco.com/news/2020-07-17/Silver-prices-to-be-sustained-by-shrinking-supply-higher-demand.html
https://www.kitco.com/news/2020-07-17/Silver-prices-to-be-sustained-by-shrinking-supply-higher-demand.html
6 month chart. Very nice technical indicators as we close in on $20/oz!
Look at that 5 year chart!
We were already breaking out & stabilizing at $17-$19/oz & then Coronavirus happened.
We were already breaking out & stabilizing at $17-$19/oz & then Coronavirus happened.
According to the article, "The drop-off in base metal investment is going to propel silver higher, said Silver Wheaton CEO Randy Smallwood who spoke to Kitco on Wednesday".
The article continues, "A poor base metal market has dampened supply".
"There's decreasing supply from the mining side, mainly because silver mostly comes from lead and zinc, and the pricing has not been very strong as of late," said Smallwood".
I've talked about this!!
"There's decreasing supply from the mining side, mainly because silver mostly comes from lead and zinc, and the pricing has not been very strong as of late," said Smallwood".
I've talked about this!!
Wheaton CEO: "We spend a lot of time studying the base metal sector, because that's where we get most of our precious metal streams."
"During the past six months, spot zinc has stayed below US$1 per pound, but recently the metal has started to gain some momentum".
"During the past six months, spot zinc has stayed below US$1 per pound, but recently the metal has started to gain some momentum".
Kitco: "Outside of people looking to silver as a precious metal for investment, Smallwood touts the industrial uses of silver".
"We continue to see strong growth on the industrial side. Silver is being consumed in high technology applications".
"We continue to see strong growth on the industrial side. Silver is being consumed in high technology applications".
Wheaton CEO: "And on top of that, it's got the strongest antibacterial benefits," said Smallwood".
"He also noted the need for silver in mobile electronics, solar panel manufacturing and water purification systems".
"He also noted the need for silver in mobile electronics, solar panel manufacturing and water purification systems".
That is the premise of my Twitter account, for the past to prove the future! 
https://twitter.com/familyman20181/status/1281428365224939521?s=19
https://twitter.com/familyman20181/status/1281428365224939521?s=19
@SantaSurfing @DigitalFrontQ @MajorTomXRP @NeilOf9Hostages @MikeHes52772147 @VeteransAlways_
So many uses for Silver - NESARA & the Great Awakening go hand in hand, Silver is used for water purification, Collodial silver has amazing health benefits & it's a store of value!
So many uses for Silver - NESARA & the Great Awakening go hand in hand, Silver is used for water purification, Collodial silver has amazing health benefits & it's a store of value!
