📉LBMA and banks manipulate silver price through paper trading.
🔄Silver shortage is a result of sustained demand surpassing supply.
📉Silver mining output is decreasing, further exacerbating the deficit.
👥Experts have differing opinions on the severity and future of the silver shortage.
📈Growing industrial demand for silver, primarily driven by renewable energy and technology sectors.
Are silver reserves running out?
—Yes, the LBMA and silver institutes have acknowledged that silver reserves are near empty.
Why are silver prices manipulated?
—Banks manipulate silver prices to maintain control over the market and exploit price movements for their own profit.
Will the silver shortage impact EV production?
—Yes, the silver shortage may affect the production of electric vehicles, as silver is a critical component in batteries and electrical connections.
Can the silver deficit be resolved?
—Reversing the silver deficit would require a significant increase in mining output or a decrease in industrial demand, both of which seem unlikely in the near future.
What industries rely heavily on silver?
—Industries such as renewable energy (solar panels), technology (electronics), and aerospace (missiles) heavily rely on silver for its unique properties.
00:00The LBMA and banks control the silver price through paper trading, resulting in a persistent silver shortage.
04:00Silver mining output is declining, exacerbating the imbalance.
11:00Experts have differing opinions on the severity and future of the silver shortage.
13:00Growing industrial demand for silver, primarily driven by renewable energy and technology sectors.
