Is a silver shortage coming?
Duncan Richardson, News Editor
14 Mar 2014, 10:45 a.m.
With industrial applications expanding and investment demand increasing, is there a possibility of a silver shortage on the horizon. Andrew Chanin founder of popular silver ETF (SILJ) certainly thinks so.
Chanin, whilst speaking to mining weekly explained that mine closure, rising investment and industrial demand could cause supply to be squeezed.
Chanin is not alone in predicting a silver shortage, Ted Butler has been suggesting that the ongoing silver manipulation has been affecting the supply demand dynamic for years, and Byron King believes large multi nationals are stockpiling silver in case the price spikes.
All these developments could potentially cause the price to rise.