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THE UPCOMING, HISTORIC SILVER SHORTAGE

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Pro-Life Member Level  Sunday, 06/19/16 03:05:28 PM
Re: Pro-Life post# 635
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THE UPCOMING, HISTORIC SILVER SHORTAGE
Author : Andrew Hoffman Published: June 8th, 2016

http://blog.milesfranklin.com/the-upcoming-historic-silver-shortage
Quote:
Which brings me to my forecast of an upcoming, historic silver shortage; a premise supported by, amongst countless other factors – the fact that two-thirds of global silver production emanates from copper, lead, and zinc mines that are so hopelessly oversupplied, production MUST decline in the coming years. In fact, worldwide silver production already declined last year; and given my expectation of an unprecedentedly brutal global recession (which quantitatively, has already started); combined with the aforementioned, unprecedented oversupply of copper, lead, and zine mines; I not only believe “peak silver” has arrived (not to mention, “peak” gold and platinum), but that global silver production could decline by 25% or more in the coming years.


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