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

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…

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