“The key factor is the most fundamental – supply and demand. Over the past seven years, silver demand has increased by more than 35%. During that time, supply has only grown by just over 10%. If we look at 2015, silver demand worldwide was 11% — or some 129 million ounces – greater than supply. As we all know, tightening supply and increasing demand translate into higher silver prices.”
(Money Morning, 09.01.17)
By Jennie (Bleyer Bullion researcher)
