ML-Implode News - Silver Photovoltaic Needs Through 2020 Will Drive Shortage And Price Shock

After 2020, increasing silver demand will mean increasing rationing of the metal, which can only be done by via extraordinarily high prices. Of the world's major countries, only China seems to get the message and to be preparing for this eventuality, with China's recent silver imports soaring to five-year highs. Meanwhile, U.S. imports have stagnated.
Barring a miracle, silver prices are going to the moon, leaving the U.S. in a very difficult position. It would not surprise us one bit if silver is confiscated much like gold was during the Depression. This means, as was the case with gold, the best investments are likely to be silver producers. Over the next decade almost all credible silver producers could see their prices multiply by anywhere from 10- to 100-fold.

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Silver Photovoltaic Needs Through 2020 Will Drive Shortage And Price Shock