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China wants to boost the property sector, which goes into commodity consumption of concrete and steel, and that’s closely correlated to, aluminum and silver.” $PSLV
Don't forget to buy Physical Silver too $PSLV
https://carboncredits.com/silver-to-see-growing-deficit-in-2024-as-supply-struggles/
The Silver Institute, citing Metals Focus, emphasizes that the structural deficit in the silver market will persist beyond 2024. According to Metals Focus, this deficit is due to significant and expanding industrial demand for silver.
“Our expectation that the silver market will remain in deficit over the coming years implies continuous declines in above-ground inventories, which should help fundamentally underpin prices as well as act as a tailwind for investor interest.” $PSLV
“Our expectation that the silver market will remain in deficit over the coming years implies continuous declines in above-ground inventories, which should help fundamentally underpin prices as well as act as a tailwind for investor interest.” $PSLV
ISM Services PMI rises to 51.5% $PSLV $25 coming
Gold Rush in India: Duty Cut Ignites Massive Buying Spree https://jpost.com/business-and-innovation/precious-metals/article-815319 $PSLV
How much will 400 ounces of silver be worth in 2030 The price of a bar of gold is worth a million dollars for the first time, thanks to soaring prices for the precious metal. The price of spot gold reached more than $2,500 per troy ounce Friday, hitting a record high. The average gold bar weighs 400 troy ounces – which, when you do the math, hits a million dollars. $GLD https://www.bloomberg.com/news/articles/2024-08-19/gold-bars-are-worth-a-million-dollars-for-the-first-time?embedded-checkout=true $SLV
China's high demand for silver is driving up prices and causing a supply and demand gap. Silver is used in many applications in China, including solar panels, electronics, and automotive components. In fact, China is the world's leading producer of photovoltaic panels. Demand from solar PV panel manufacturers in China is expected to increase by almost 170% by 2030, which could account for one-fifth of total silver demand. $PSLV
Physical Silver Spot consolidates above $30 an oz: rate cut hopes, ETF inflows fuel rally $PSLV
Central banks buy 10 tonnes of gold in May $PSLV
As of April 2024, silver has been in shortage for five years in a row, with demand outpacing supply. The Silver Institute predicts that the 2024 deficit will be almost double that of 2023, at 265 million ounces, which would be the second-highest deficit on record. The Silver Institute also says that the structural deficit will continue beyond 2024 due to growing industrial demand for silver. $PSLV
Silver to See Growing Deficit in 2024 as Supply Struggles
https://carboncredits.com/silver-to-see-growing-deficit-in-2024-as-supply-struggles/#:~:text=The%20global%20silver%20deficit%20is,the%20Silver%20Institute%20industry%20association. $PSLV
2024 Silver Price Predictions
Investing Haven $34.70 – $48.00 in 2024
Robert Kiyosaki $500 by end of 2024
$PSLV
"Slowly at first.....<<<YOU ARE HERE
....then suddenly."
Silver can be a better investment than gold in some scenarios, largely due to its industrial uses. https://cbsnews.com/news/is-gold-or-silver-a-better-investment-when-inflation-cools/ $PSLV
Silver to See Growing Deficit in 2024 as Supply Struggles
https://carboncredits.com/silver-to-see-growing-deficit-in-2024-as-supply-struggles/ $PSLV
There is a Deep Worldwide Shortage in Silver Bullion physical #silver $PSLV
silver demand outstripped supply in 2023, for the fifth year in a row. The deficit was just over 142 million ounces. And the forecast for 2024 indicates that the annual production shortfall will nearly double to 265 million ounces. $PSLV
Gold Price Forecast – Expert Predicts $10,000 Gold and $300 Silver
https://fxempire.com/forecasts/article/gold-price-forecast-expert-predicts-10000-gold-and-300-silver-1382665 #Gold #Silver #silversqueeze $PSLV
The price premium for gold traded on the Shanghai Gold Exchange has traded consistently around $40 above the gold benchmark established by the London Bullion Market Association through the early part of 2024. $PSLV
https://www.kitco.com/news/article/2024-04-24/chinese-demand-will-continue-support-gold-market-after-sharp-drop-record
The silver market is undersupplied, which will drive prices above $30 - ANZ $PSLV
Physical Bullion Silver is a Decentralized Alternative to Central Banking $PSLV
BRICS: Bank of America Issues Warning of a US Dollar Collapse
https://watcher.guru/news/brics-bank-of-america-issues-warning-of-us-dollar-collapse $PSLV
The original silver squeeze would have worked spectacularly if buying was directed to PSLV instead of SLV. SLV is a cabal construct to create a firewall to circumvent small investor demand.
— Michael Lynch (@DtDS_WSS) January 25, 2024
This is A FULL-BLOWN INVASION
$PSLVLook at these scum illegals arriving from a caravan, all wearing nice, clean clothes and sneakers - None w women & children!
— 🇺🇸ProudArmyBrat (@leslibless) December 18, 2023
This is A FULL-BLOWN INVASION, and NOT A DAMN THING IS STOPPING IT! pic.twitter.com/yfBxr1eLNH
Silver Prices trading sideways then at 2pm eastern gold jumped up $15+ per oz. Silver jumped $.50+ $PSLV
Precious Metals Market to Hit USD 403.08 Billion by 2028 | With a CAGR of 5.6%
https://www.globenewswire.com/en/news-release/2023/06/12/2685993/0/en/Precious-Metals-Market-to-Hit-USD-403-08-Billion-by-2028-With-a-CAGR-of-5-6.html $PSLV
Gold's anticipation of Fed rate cuts is driving prices above $2,000 - Axel Merk $PLSV
US Debt Clock
https://www.usdebtclock.org $PSLV
$PSLV Precious Metals Market to Hit USD 403.08 Billion by 2028 | With a CAGR of 5.6%
https://www.globenewswire.com/en/news-release/2023/06/12/2685993/0/en/Precious-Metals-Market-to-Hit-USD-403-08-Billion-by-2028-With-a-CAGR-of-5-6.html
The jobs data from October missed expectations, showing that employment growth is slowing in the U.S., with only 150,000 jobs added last month. The unemployment rate also rose to 3.9% in October, marking the highest level since January 2022. $PSLV $GLD
Silver eyes breakout, buoyed by safe-haven bid and dovish Fed speak - FX Empire's Hyerczyck
$PSLV
History shows Physical Silver offers a hedge against inflation and economic weakness
$PSLV Copper, Silver and the Green Energy Metals Shortage https://twitter.com/SafeHavenMoney/status/1708897386028769665
Buying more on every pullback. My physical order goes in on the 10th of every month so I dont mind seeing this dip a bit prior.
I haven't posted here for a while also been out of the penny trading game for many years. I did pretty good with it.. My family and friends are all soaking up as much pslv as we can along with physical silver. Not really to flip but secure assets. I am very long Silver here.
The result is a strain on supply so significant that a study from the University of New South Wales forecasts the solar sector could exhaust between 85–98% of global silver reserves by 2050. https://www.bloomberg.com/news/articles/2023-07-03/the-world-s-appetite-for-solar-panels-is-pushing-up-silver-prices $PSLV
China reduced its US Treasury holdings for the third consecutive month in June.
Holdings are now at a 14-year low.
They have cut its treasury holdings by 11% over the past year.
They have added to their gold reserves for nine straight months. $PSLV
Gold prices spike after U.S. weekly jobless claims shoot up by 21K $SLV $PSLV
Recession and housing collapse coming 2023 like 2008. Mark my post $PSLV
PSLV 7.9366 -0.1234 (-1.53%) Volume:1,472,603
Day Range: 7.9107 - 8.07
Last Trade Time: 2:21:48 PM EDT
Global Silver Demand Expected to Reach All-Time High in 2022 |
https://globenewswire.com/en/news-release/2022/06/23/2468288/0/en/Global-Silver-Demand-Expected-to-Reach-All-Time-High-in-2022-Globaldata-Plc.html $PSLV
Interesting, but nothing is mentioned about Basil III finally being implemented this January.
$PSLV Global Silver Demand Expected to Reach All-Time High in 2022 |
https://globenewswire.com/en/news-release/2022/06/23/2468288/0/en/Global-Silver-Demand-Expected-to-Reach-All-Time-High-in-2022-Globaldata-Plc.html
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