Higher Silver Price is the Only Way Out - Mike Maloney & Jeff Clark (Part 2/2)
For Part 1 of this interview, CLICK HERE
As we outlined in our silver supply/demand crunch article, the silver market has entered a structural imbalance. It is not temporary. Global supply is locked into a decline, leaving the industry ill-equipped to respond meaningfully to any spike in demand of physical metal for the foreseeable future....The Only Way Out: Higher silver prices. That's it. 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 millions 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.' Join Mike Maloney and Jeff Clark as they examine Part 2 The Silver Supply/Demand Crunch.
Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver