Jeffrey Christian of CPM Group analyzes the silver market, addressing common misconceptions about a potential silver shortage. He debunks the idea that the world is facing a massive silver deficit, and explains why fabrication demand only and not investment demand should be used in calculating the balance between newly refined supply and demand that takes silver out of its refined metal form. He discusses the enormous above ground inventories that do not appear in LBMA or Comex reported stock data.

Jeff also discusses silver applications in various technologies, including solar panels and automotive electronics, to provide a realistic outlook on future demand and usage trends. He concludes by discussing CPM Group’s long-term silver outlook, and the right reasons to be bullish on the commodity.

Courtesy of the CPM Group