Expect Greater Silver Deficits Going Forward - Michael DiRienzo

[ozcopper]

SBTV spoke with Michael DiRienzo, Executive Director of the Silver Institute, about silver data in the World Silver Survey and why he expects a growing silver deficit in the markets in the years ahead.

The Silver Institute: https://www.silverinstitute.org

Discussed in this interview:
00:00 Introduction
01:33 Michael's background
03:32 About the World Silver Survey
05:24 Challenges in gathering global silver data
06:59 Above-ground silver statistics
10:02 Silver supply and demand
13:12 Any silver shortage?
15:06 Silver applications hard to replace and expected to grow
19:27 Silver mining - primary vs secondary mines

[youtube]https://www.youtube.com/watch?v=w0fXBwOK8zE&ab_channel=SilverBullionTV[/youtube]

 

[belever]

I like a silver shortage story as much as any stacker, but I have been hearing them since I first started stacking, a few years ago now...

 

[STKR]

This is page 25 of the 2022 Silver Survey which was mentioned in the vid - showing known aboveground stockpiles.