Did Silver Break a Fundamental Law of Demand?
Money Metals' Weekly Market Wrap Podcast · Money Metals
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Show Notes
Some laws were made to be broken!
So, has silver cracked the fundamental relationship between price and demand?
It appears that way, as silver demand is increasing even as the price skyrockets.
In this episode of the Midweek Memo podcast, host Mike Maharrey explains this apparent break in fundamental laws of supply and demand and explores whether silver is what is known as a Giffen good. If so, it could signal even more explosive upside for the silver price in the months ahead.
Mike also covers the recent resurgence in central bank gold buying.