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BottomBounce

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BottomBounce

Re: None

Monday, 10/14/2024 9:32:55 AM

Monday, October 14, 2024 9:32:55 AM

Post# of 142
The silver shortage is expected to peak in 2024, with a projected deficit of around 265 million ounces. This is due to a number of factors, including:
Industrial demand
Industrial demand for silver has grown significantly in recent years, and is now responsible for 64% of global demand. This is driven by the growth of the solar energy, artificial intelligence, and electric vehicle sectors.
Supply
Supply has struggled to keep up with demand. The global supply of silver has remained relatively stable, but industrial demand has grown by 11%.
Economic conditions
Uncertain economic conditions in some key markets could impact the silver market. $SIVR $PSLV

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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