Are We On The Verge Of A Silver Crunch? (Video)
Are We On The Verge Of A Silver Crunch? Video – KitCo News
Silver supply has not yet peaked, and the range-bound trading pattern is due to excessive supply above ground, not below it, according to Johann Wiebe, Lead Metals Analyst at Thomson Reuters.
In an interview with Kitco News, Wiebe said that on the demand front, the biggest drivers last year have been industrial, specifically solar energy and electric cars.
“On the solar side, we definitely see continued, strong demand, going forward, driven by China” said Wiebe.