Peter Krauth - Silver Fundamentals And Silver Stocks Setting Up For A Sustained Move Higher
Peter Krauth, author of the book The Great Silver Bull and editor of the Silver Stock Investor newsletter, joins me for the first time on the KE Report to discuss the supply/demand fundamentals for silver, how it is unique as an investment asset class, and a we get into a number of silver stocks on his radar.
We start off noting the recent breakout higher, and why Peter believes this is the beginning of a sustained move higher in the sector, based on the move to all-time highs in gold, the supply deficits from mining and recycling, and the increasing demand. The physical and paper silver market discussion covers a lot of ground, including ETF outflows, metals redemption from futures traders on all 3 major exchanges, and even gets into whether the silver markets can even be squeezed.
Shifting over into the silver stocks, we cover the whole spectrum from the larger to mid-size producers like First Majestic (FR.TO) (AG), Hecla Mining (HL), MAG Silver (MAG.TO) (MAG), GoGold Resources (GGD.TO)(GLGDF), and Aya Gold and Silver (AYA.TO) (AYASF), to junior explorers like Summa Silver (SSVR.TO) (SSVRF), New Pacific Metals (NUAG.TO) (NEWP), and Hercules Silver (BIG.V) (BADEF). Peter shares which jurisdictions he is avoiding and which ones he is attracted to for silver mining operations, and also outlines the kind of research he provides to his subscribers.
