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“New Silver Supply Is Drying Up Faster Than Death Valley” says GoldSilver’s Jeff Clark

TSI editor’s note: Senior Precious Metals Analyst Jeff Clark at GoldSilver.com makes a stunning case for peak silver that has nothing to do with the current crisis. The only escape valve would seem to be higher prices.

“And not just higher prices, but sustainably higher prices. In other words, management teams will have to be convinced silver prices will stay high before they’ll invest millions (and in some cases, billions) of dollars in new projects. They can’t lower costs much further, so this is the only realistic way to reverse the downtrend in mine supply, particularly from the primary silver producers.”

Continue reading at: https://goldsilver.com/blog/update-new-silver-supply-is-drying-up-faster-than-death-valley/

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