Pretivm Resources Inc. (PVG)

[silver100]

Bob Quartermain of Pretium Resources says that as mining for silver dwindles and scrap supply declines the price for silver has nowhere to go but up.

The Constraints on Silver Supply

At the Casey Research Gold and Resource Summit, Bob Quartermain spoke about the constraints facing silver supply today, “Mine supply doesn’t meet demand and in many of the new applications silver isn’t being recycled, so it’s not going to come back into the scrap supply chain... We’ll have to go out and find new mines or new sources for silver; and that can only speak to higher prices.” We’ve got the highlights of his speech in the video below.

http://www.caseyresearch.com/articles/constraints-silver-supply