mick - The Silver Institute says that the silver market is in a new era of structural deficits as
demand reached a record 1.242 billion ounces in 2022.
It forecasts a continuation of both trends in 2023.
“This year is expected to be another of solid silver demand,” it says in its World Silver
Survey released yesterday.
“Industrial fabrication should reach an all-time high, boosted by continued gains in the P.V.
market and healthy offtake from other industrial segments.
Although bar & coin demand and jewelry fabrication are expected to fall short of last year’s
exceptional levels, both are forecast to remain historically high.…Adding up the supply
shortfalls of 2021-2023, global silver inventories by the end of this year will have fallen by
430.9 Moz from their end-2020 peak.
To put this into perspective, it is equivalent to more than half of this year’s forecasted annual
mine production, and more than half of the inventories presently held in London vaults
offering custodian services.”
$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
Patagonia Gold & Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
https://www.patagoniagold.com
Get The Gold & Silver Mines Hard Asset Safety --
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$In GOD We Trust - Real Money - AU Safety 6000yrs
)
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$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
IMO!
God Bless America
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171736957
demand reached a record 1.242 billion ounces in 2022.
It forecasts a continuation of both trends in 2023.
“This year is expected to be another of solid silver demand,” it says in its World Silver
Survey released yesterday.
“Industrial fabrication should reach an all-time high, boosted by continued gains in the P.V.
market and healthy offtake from other industrial segments.
Although bar & coin demand and jewelry fabrication are expected to fall short of last year’s
exceptional levels, both are forecast to remain historically high.…Adding up the supply
shortfalls of 2021-2023, global silver inventories by the end of this year will have fallen by
430.9 Moz from their end-2020 peak.
To put this into perspective, it is equivalent to more than half of this year’s forecasted annual
mine production, and more than half of the inventories presently held in London vaults
offering custodian services.”
$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
Patagonia Gold & Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
https://www.patagoniagold.com
Get The Gold & Silver Mines Hard Asset Safety --
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171583317
$In GOD We Trust - Real Money - AU Safety 6000yrs
https://www.kitconet.com/images/live/au0001wb.gif
https://www.kitconet.com/images/live/ag0001wb.gif
https://www.kitco.com/images/live/gold.gif?0.8344882022363285
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
IMO!
God Bless America
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171736957
Bullish

