What’s the confusion with silver’s fundamentals? There is no oversupply (Video)
What’s the confusion with silver’s fundamentals? There is no oversupply Video by KitCo News
The long-term demand of silver will always outpace supply, owing to strong growth in industrial usage, said Phil Baker, CEO of Hecla Mining.
“There’s no oversupply of silver. The growing consumption of silver from industrial, but it’s really more consumer products, has really taken off. It’s happened over the course of the last 20 years, and it continues to increase,” Baker told Kitco News on the sidelines of the Denver Gold Forum.