thegrandibah

Silver - Better Than Gold, But Still a Commodity

The author has written an article than lacks any real investment thesis. The key elements missing to from one are:

1) Industrial patents for silver exceed those of all other metals combined.
2) The drag on the supply and demand balance from declining photography usage is declining.
3) Because many countries spent decades eliminating their stockpiles of silver, traditionally mining supply was necessary to satisfy no more than 85% of demand. In the last few years this has ended (with the exception of China and to some extent India). This means mining must go from supplying 85% of demand to nearly 100% of demand. This adjustment cannot be made in the short run. Imply a huge spike in silver sometime in the next few years.