Inflation won’t recover to 2%, this could consume nearly 100% of silver by 2030 – Peter Krauth

Peter Krauth, editor of and author of best-seller The Great Silver Bull, spoke with Kitco News journalist Ernest Hoffman at the recent PDAC 2023 mining convention in Toronto, where he said silver prices are set to skyrocket by 2030 as investment and industrial demand, particularly solar, will overwhelm supply. Krauth also discussed the impact of government stimulus and realignments in investment portfolios on precious metals.

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0:00 – Standard portfolio is broken
2:35 – Inflation
6:53 – U.S. dollar
9:56 – Industrial demand for silver
13:59 – Macroeconomic outlook

#silver #inflation #dollar
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