Normal
From Schiff goldThey expect this year to increase further by 16%.The Indian governments crackdown on gold has shifted the merchants to a greater volume of SIlver, and with mine production only projected to increase by 1%, the global silver market is forecast to record a second consecutive annual deficit in 2022. At 194 million ounces, this will be a multi-decade high and four times the level seen in 2021.Mick
From Schiff gold
They expect this year to increase further by 16%.
The Indian governments crackdown on gold has shifted the merchants to a greater volume of SIlver, and with mine production only projected to increase by 1%, the global silver market is forecast to record a second consecutive annual deficit in 2022. At 194 million ounces, this will be a multi-decade high and four times the level seen in 2021.
Mick
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