from The Daily Coin:
Louis and I from the Smaulgld discussed the gold and silver markets yesterday. Below are some charts and commentary that follow the discussion in the order of the podcast. Please have a listen and take a look below.
Silver Supply and Demand
Silver Mining Production Increases In 2015
Rory and I discussed reports from Societe Generale and the CPM Group and the Mexican government that indicate that silver mining production increased in 2015. Others say silver mining production decreased last year.
We determnined that whether silver mining production increased or decreased in 2015, is largely irrelevant because demand is outpacing supply. In addition, Societe General, the CPM Group and Mexican Government project silver mining production will decline in 2016.
Silver Demand for ETF and COMEX Trading
The two largest known stock piles of silver are in ETF and COMEX vaults.
India and Gold
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