Name: The Great Silver Bull Breaks Out
Uploaded: 2024-05-23T12:00:00+00:00
Duration: 32 min 49 s
Description: Peter Krauth, author of the Great Silver Bull, and editor of the Silver Stock Investor Newsletter provides an update on the Silver market. He believes Gold has pulled Silver higher recently and will c

1 year ago

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Peter Krauth, author of the Great Silver Bull, and editor of the Silver Stock Investor Newsletter provides an update on the Silver market.

He believes Gold has pulled Silver higher recently and will continue to do so along with investment demand over time. However, he also notes the dwindling stockpiles of Silver and that rising industrial demand will provide Silver a rising floor, unlike in the past.

0:00 Intro
1:10 What is Driving Silver Right Now
3:35 Industrial Demand Creates a Higher Floor for Silver
11:55 Silver's Inelastic Demand to a Certain Level
14:25 Any Impact From DeDollarization
17:35 China & India Retail Demand
20:25 Price of Silver is Higher in China
21:50 Surprising Fact About Silver
24:20 Silver Has Been Money Longer than Gold
28:15 Silver was part of US Monetary System
30:00 Peter's Book & Newsletter