Silver is now back in positive territory on the year, as a late-year rally has left the price up by 30 cents in 2023.But that’s done little to address the longer-term implications in the market, where we’ve seen a deficit for the past few years, and the supply and demand dynamics show that’s expected to continue. In today’s show, Keith Neumeyer of First Majestic Silver talks about the conditions in the market and explains why the current silver price simply won’t supply the demand that the market is calling for.He also talks about the conditions that will need to occur in the market for the deficit to even begin to be addressed. Keith also offers an update on First Majestic Silver, their progress in 2023, and their plans in 2024.Video Length: 00:35:19More By This Author:Why Is The BIS Doing Gold SwapsJerome Powell Falls Short Of Paul Volcker Is Silver Forming A Cup And Handle
We Won’t Meet Silver Demand At Current Price
