The total demand for silver is so much more than just "silver-backed" ETF demand or bullion coin demand, and with or without an economic recovery on Main Street, the massive demand we've seen in 2020 will continue...
Dave Kranzler stopped by Silver Doctors today for a robust discussion on how things are going in the markets and in the economy.
Some of the topics in today's discussion include -
There has been a surge in new business applications in the third quarter? Where are all of these "businesses" that have supposedly opened?
There has been massive investment demand for silver in 2020. In fact, according to The Silver Institute, so called "silver-backed" exchange traded products added 300 million ounces in just the first nine months! But, how is all of this silver magically flowing into these financial products with all of the supply chain disruptions we've had all year?
Everybody is so certain the stock market is going to surge again as the next round of fiscal stimulus rolls out, but with all of the direct and indirect interventions in the markets right now, how does one make sense of where the markets are headed, let alone attempt to trade them?
A lot of the investor demand for precious metals this year has come from the US and Germany, but how is investor demand looking in the East in general, and with China and India specifically?
For discussion on all of those topics and more, tune-in to the interview in its entirety!
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.