written by reader Silver Deficit

By Anonymous Questions, March 19, 2018

I was reading the article about silver and Jim Fink back in March, 2017. I have been investing for over 35 years and have been in precious metals since 1998. Don’t believe the predictions about a silver deficit and astronomical prices. The deficit ploy and that old song and dance has been used for decades. There are many silver mines and exploration potentials that can make up any silver deficit.

However, astronomical silver prices might occur if there is an economic crisis or stock market crash.

For example, just in the last decade, Silvercorp Metals and Tahoe Resources have added millions of ounces to supply. There also are new exploration areas with rich deposits, two of which are:
Excellon Resources (EXN.TO; EXLLF.OB; C$1.70) released more highgrade results from drilling on its Platosa
Mine in Durango, Mexico. With one assay grading as high as 2,648 g/t silver equivalent over 9.1 meters (Hole 371), the results from this batch continue to show that more uber-high-grade silver mineralization remains at Platosa

ALEXCO RESOURCE CORP. (TSX: AXR / NYSE-American: AXU) owns the Keno Hill Silver District in Canada’s Yukon Territory which historically, is one of the highest-grade silver districts in the world having produced more than 214 million ounces of silver at an average grade of approximately 1,373 grams per tonne (g/t) silver (44 ounces per tonne (oz/t)) during the early and mid-1900’s

In addition, NatCore Technology is working on replacing the silver in solar panels with copper, which is much cheaper.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.



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John M
John M
February 21, 2019 9:26 am

By the way, I believe that pig natcore is using aluminum.