Friday, January 22, 2021

Tag: What’s Going on in the Silver Market?

What’s Going on in the Silver Market?

by Peter Schiff, Schiff Gold:

Gold has been in the spotlight in recent months with the economic chaos caused by the coronavirus pandemic and governments’ response. Peter Schiff called gold a “no-brainer” investment. But silver is worth paying attention to as well.

The Silver Institute has released its World Silver Survey 2020 report featuring a detailed overview of last year’s silver market and a look ahead as we move through the current year.

Silver demand was up overall in 2019, pushed higher by a significant spike in silver investment. Meanwhile, supply dropped for the fourth consecutive year.