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This interview was filmed on July 15, 2021.
Silver’s performance so far in 2021 has left some investors wanting more. Despite increased interest, the white metal hasn’t been able to break though US$30 per ounce.
Collin Plume, CEO of Noble Gold Investments, said he expects the situation to change in the relatively near-term future. “I think that my belief is that there will be (silver) shortages by next year — I think it’s going to get much more difficult to get it, which we saw during the pandemic. I think we’re going to start to see that again,” he said.
#Investing #Silver #Mining
0:00 – Intro
0:22 – Silver’s COVID-19 price performance
3:32 – Industrial demand sources for silver
7:06 – Do substitutes for silver exist?
9:37 – Inflation pushing investors to silver
12:26 – How to add silver to a portfolio
15:25 – US$40 silver in 12 to 18 months?
19:33 – Outlook is positive for gold too
21:20 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
