Silver Price Shock Incoming as 'Insatiable' Physical Demand Drains Supply - Insider

Описание: A silver price shock is coming. In this exclusive interview, former Chairman of The Silver Institute Phil Baker warns Kitco's Jeremy Szafron that "insatiable" physical demand is creating a historic supply deficit that could lead to a violent repricing of the metal. The former CEO of Hecla Mining reveals why the current silver rally is fundamentally different from the "fake-outs" that frustrated investors in 2011 and 2020.

Baker provides an on-the-ground report from his recent trip to the Perth Mint, where he was told physical demand has "exploded". He also reveals a fascinating sociological shift: heirs are no longer selling their inherited silver, creating a "long-term generational sort of asset" that is permanently tightening the market. Why does he believe the silver price will go "significantly higher than $50" and that an "$80 silver" price is "certainly possible"? Watch now to find out.

Topics covered:
-An exclusive, firsthand report from inside the Perth Mint.
-The disconnect between the physical and paper silver markets.
-Why the current silver deficit is in its fifth year and getting worse.
-The psychology of the 'new' silver investor and why heirs are no longer selling.
-Why this rally is different from the 'fake-outs' of 2011 and 2020.
-The performance of silver miners and access to capital for explorers.
-His forecast for a price 'shock' and a long-term silver price 'significantly higher than $50'.

Follow Jeremy Szafron on X: @JeremySzafron (  / jeremyszafron  )
Follow Kitco News on X: @KitcoNewsNOW (  / kitconewsnow  )

00:00 Introduction and Market Overview
00:39 Paper vs. Physical Silver Market
00:58 Interview with Phil Baker
01:27 Insights from the Perth Mint
02:51 Global Silver Demand
04:40 Silver Supply Constraints
06:21 Industrial and Physical Demand
07:47 Silver as a Critical Mineral
10:18 Investment Trends in Silver
13:13 Market Risks and Opportunities
16:31 Future of Silver Prices
27:26 Conclusion and Viewer Engagement

#silverprice #silver #investing #preciousmetals #silverstacking #COMEX #physicalsilver #miningstocks

__________________________________________________________________

Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage.

FOLLOW US:
X: https://x.com/kitconewsnow
Instagram:   / kitconews  
Facebook:   / kitconews  
LinkedIn:   / kitconews  

Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.

Live gold price and chart: https://www.kitco.com/charts/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising

Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.