BOA Report Notes "Silver Tightness Visible in Physical Market"

May 18, 2023

One of the big developments in the gold and silver markets this year has been that as prices have risen, we've seen a lot of the major banks begin to put out bullish gold and silver reports. And now Bank of America is the latest to issue a note about silver.

So in this week's silver report from Vince Lanci, Vince talks about the latest commentary from Bank of America, and goes through why they're now positive on silver. The report covers the silver inventories, the growing industrial demand for silver, mine production, and the increased premiums on silver coins. And Vince also talks about some of the regions that are buying, and who's selling.

So to find out more about the latest bank research on the silver market, click to watch this video now!

Arcadia Economics

*********

During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.

Silver Phoenix Twitter                 Silver Phoenix on Facebook