Arcadia Economics, Released on 9/25/23
One of the most frustrating dynamics for silver investors is seeing the draw-downs in inventory and hearing about the deficit in the silver market, yet seeing the silver price hover in the $23 and fail to move higher. So why is the price still so low despite these conditions? In today’s show Vince Lanci digs into that question, and explains the dynamics that have set up the current pricing environment. He talks about who’s buying silver and why, and looks at some of the underlying developments in where the silver is going. Vince describes how countries are increasingly reluctant to share their silver supply outside of their borders, and the unusual supply chain dynamics that’s setting up in the market. And of course he also talks about how this will affect the market going forward, and what silver investors will want to keep in mind.
Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com