Silver's Low Price Is Not Due To A Shortage, Says Marin Katusa (Part 2)

By Kitco News / November 01, 2018 / / Article Link

Nov 02, 2018 Guest(s): Marin Katusa Chairman, Katusa Research

Silver could fall much lower, but this is not due to a shortage of silver, said Marin Katusa, chairman of Katusa Research.
Producers have yet to see a "fracking" moment in the precious metals space, and there are plenty of players in the market innovating to worry about a shortage in silver.
"There's all these new emerging markets that haven't had the capital that we've had. For example, look at the fracking revolution. All that money went in and so much production came in. We're not the only ones with technology and the ability to do it. China's doing it. China's a major producer, China produces more gold than America," Katusa told Kitco News on the sidelines of the Silver & Gold Summit, "there's going to be no shortage.