In 2021, silver demand was just 1.033 billion ounces compared to a supply of 1.056 billion ounces. It's a small deficit of only 20 million, but it still shows that demand has started to outpace supply. In fact, this has led to the first silver market deficit in 6 years! In 2022, silver demand is expected to hit 1.112 billion ounces compared to a supply of only 1.092 billion ounces.
Basically, there is a constant, growing demand for silver in the industry.
Silver is also widely used in electronics and also during brazing and soldering. Just in 2020, 101 million ounces of silver was used in solar panels! Electric vehicles also require several times more silver than normal vehicles.
When it comes to silver, industry accounts for almost half of all demand! Plus, silver demand is growing because of industries like renewable energy and electric vehicles. Gold is mainly mined for investment purposes with only 10% of the demand for gold coming from the industry. What makes silver different from gold is the fact that silver is much more important for the industry.
Silver to skyrocket professional#
Your RME Gold professional will explain this powerful strategy for profit in detail, answer your questions, and then alert you as the strategic ratio changes develop in the future.First of all, like any commodity you have supply and demand.
Silver to skyrocket how to#
See our post from last March How to Acquire More Gold with Ratio Trading, It illustrates the power of this simple trading strategy using a ratio like today’s of 80 to one to trade gold for silver, and then targeting a ratio of 50 to one to trade back into gold. Take advantage of this strategy and increase your precious metals holdings without making any additional purchases. At this ratio, they will trade and adjust their portfolios to emphasize silver. Experienced gold and silver investors and professionals want their portfolios to emphasize the precious metal poised to move up the most. The Gold/Silver Ratio remains above 80 to one and still suggests that silver’s gains should continue to outpace gold. That’s a gain of more than 40 percent in a year, and up almost 38 percent from its May low. Since then it has traded as high as $19.69. It is now knocking on the door of $20 an ounce. In our radio messages and here on our blog we wrote again in July ( here) about the profitable opportunity it presented to trade gold for silver and take advantage of the superior outperformance we expected from silver.Īs forecast, silver’s price performance has been explosive. Then the ratio spiked in July to almost unprecedented 95 to one. It tells you how many ounces of silver you can buy with one ounce of gold.Īs your RME precious metals professional will explain, employing a simple strategy of trading from gold to silver and then back as the ratio changes is a time-tested and powerful strategy for increasing the total number of ounces of gold and silver you own without making any additional investments!Īs you can see from the chart, the Gold/Silver Ratio has been high, above 80 to one all year… and kept trending higher! The ratio is simply the gold price divided by the silver price. How did we know that? By tracking a simple metric called the Gold/Silver Ratio. As it so often does in a bull market, we expected silver to surge and outperform even gold itself! We put it as clearly as possible in June when we wrote To Make Money… Buy Silver!Īs we repeatedly observed, the price of silver was historically low compared to the price of gold. Throughout the summer our hair was practically on fire so determined were we to let our friends and clients know about the breathtaking opportunity before them in the silver market. Investing in COMEX? What Investors Need to Know.7 Reasons Why You Should Buy Gold Locally.5 Common Pitfalls to Avoid When Buying Gold.What the Most Trusted Gold and Silver Coin Dealers Have in Common.Why Investors Buy Gold During a Recession.Reviews and Affiliations for Republic Monetary Exchange.Sell Your Precious Metals to Republic Monetary Exchange.
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