Silver market posts record surplus; what COMEX, LBMA inventories really show – Phil Newman

Phil Newman, managing director of Metals Focus, discusses the balance of silver from 2020, and what fundamentals mean for the demand and supply equations in 2021 and beyond.

0:00 – Silver market surplus
5:40 – Retail demand
9:10 – Silver short squeeze
14:26 – Silver manipulation
15:38 – Silver ETFs
18:49 – Silver balance for 2021

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/


Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Invest in American Eagle Gold Coins

Gold has been treasured for its brilliance, beauty and value dating back even earlier that the Egyptians. Learn all about American Eagle Gold Coins and why they are great investments.

How To Find A Good Gold Buyer

One of the most important things you need to do when looking into gold buyers is to watch for any information that a buyer may ask you to give out. You will need to take a closer look to find the best gold buyers that are safe for you to use.

Silver Art Bars – Great Collector Items

Are you thinking about investing in some Silver Art Bars? Even though these are on the lower end of the pole in terms of collector’s items, it will be a fun and easy to sell these designed bars if you want to earn some money. These fall into the same category with antique items that most people love.

Tapping The Mining Services Goldmine

In Australia, resources booms tend to come and go. In a recent speech, Reserve Bank Deputy Governor Ric Battellino identified five major booms over the last two hundred years – from the gold rush of the 1850s, to our current minerals and energy boom.

Innovative Gold Market

Change is inevitable; we have a well-known quotation that that change is the only constant thing in this world. True enough, with all the technological advances right now the world is changing with our very eyes, along with this change is our business and how we can earn money.

Information on Gold

Countless financial experts have always claimed that there are many benefits to be had if one invests in gold. Most feel that gold is the very best investment choice. This is especially so when we are faced with a volatile stock market and uncertain economic times.

Best Ways to Buy Cheap Gold Coins

Nowadays, investors have several options to choose from as to ways to buying gold coins at cheap prices. The inconsistency of the market pricing makes it hard for them to find solid prices on these coins. The task of finding cheap ones is not as hard as it may seem.

Four Tips On Finding Gold Coins For Sale

There are several ways to find gold coins for sale. Potential prices for these coins can be easily searched for with the aid of certain tips. Before discussing those tips, let us first define what this coin is.

Gold As an Investment

The precious elemental metal gold is commonly used as an investment. Investors buy gold or invest in companies involved with the metal with the hope that the value of the commodity will rise. Although there are many properties that make gold as an ideal investment, it also possesses the potential to fluctuate in value.

Information on Buying Gold

Most people gravitate towards investing in gold as its value does not fluctuate as violently as does the value of mutual funds, bonds or stocks. There may be speculative means of buying the yellow metal like buying stocks of companies involved in mining gold. But should you be interested in buying physical gold, it is essential to make sure that you make an authentic and secure purchase.