Inside the Silver Market: Why Prices Spike, Solar Impact, and Comex Trading
This is Part III of CPM Group's Silver Facts and Fantasies Online Seminar, that was released earlier this year.
In this presentation, Jeffrey Christian of CPM Group examines the complex dynamics of the silver market, shedding light on key factors influencing silver prices and investor behavior. He explains the relationship between COMEX open interest and physical silver inventories, addressing common misconceptions about short positions and market liquidity.
Jeff also discusses why silver fabrication demand, driven significantly by the photovoltaic (solar panel) industry, has become a critical market factor, and explores how a global oversupply in solar manufacturing capacity affects silver use.
He further breaks down trends in silver recycling, reserve calculations, and investment patterns, clarifying why silver prices sometimes spike dramatically, but struggle to sustain extreme highs.
#silver #preciousmetals #investing #commodities
