17 min listen
Get Ready for Triple-Digit Silver
ratings:
Length:
9 minutes
Released:
Mar 6, 2023
Format:
Podcast episode
Description
"The production is down for silver every year and the demand keeps going up... The usage of silver is going parabolic and astronomic," says Silver Stock Analyst editor Garrett Goggin . "Eighty percent of the world's silver comes from Mexico, which is not a great place to operate anymore," he tells Daniela Cambone at GSA Investor Day 2023. "Silver is a risky investment to mine, but you need to look at Bolivia and Morocco and not play it safe," Goggin says. "Finding the companies that are looking at everything on a per-share metric, those are the companies preferred with a high-grade deposit," he continues. "Silver is a volatile metal, and gold mines are more profitable than mining silver... The margins are less in the silver industry," Goggin says. "The supply-and-demand equation does not line up for silver and at some point the metal's price will catch up," he concludes.
Released:
Mar 6, 2023
Format:
Podcast episode
Titles in the series (100)
Gold Not Part of Wall Street’s Playbook and That’s a Good Thing, Says SWP's Mark Yaxley: "Gold is not part of the Wall Street playbook," and that's a good thing right now, asserts Mark Yaxley, Managing Director at Strategic Wealth Preservation. Gold acting as a hedge against all other investments and existing out on its own, "is a good... by The Daniela Cambone Show