100% CERTAINTY! Your Gold & Silver Holding Is About to Become Quite Priceless - Keith Neumeyer
Silver prices could find upward support amid safe-haven demand as markets anticipate signals regarding the United States economy under the incoming Trump administration and the Federal Reserve's interest rate outlook for 2025.
Silver prices made modest gains on Monday and Tuesday, taking the lead from gold prices, which saw a similar upward trend at the start of the week.
Silver has faced notable price declines in the last three months despite outperforming other precious metals like platinum and palladium, which are set for annual losses. A series of macroeconomic factors, including a stronger US dollar and rising bond yields, have weighed heavily on silver's price momentum.
Keith Neumeyer mentions that silver exceeded his 2024 target of 30 dollars per ounce, peaking at 32–34 dollars. However, Keith Neumeyer notes the silver market's small size, with annual production of 830 million ounces and consumption at 1.2 billion, leaving a deficit. Recycling adds 150 million ounces, but much of the reported 1.2 billion aboveground ounces is tied to ETFs like SLV and unavailable for trade. Silver supply continues to lag behind demand growth. Production increased by just 2% in 2024, reaching 1.03 billion ounces, while demand is forecast to hit 1.21 billion ounces by the end of the year. This 182-million-ounce deficit marks the fourth consecutive year of shortages, reinforcing concerns over long-term availability.
Projections suggest that by 2050, solar panel manufacturing alone could consume nearly all of the annual silver output. With limited new mining projects and much of the accessible high-grade silver already extracted, these deficits could persist for years.
In his assessment, Keith Neumeyer underscores the silver market's challenges, emphasizing the need for mining companies to address depletion. He points out the paper market's massive leverage, with 240 billion ounces traded annually against 830 million ounces of physical production, enabling significant price manipulation by banks. Amid dwindling aboveground inventories, projected to deplete within 12–24 months, and robust industrial demand, silver's outlook remains closely tied to economic trends, rate cuts, and ongoing industrial expansion. Silver is expected to reach 35 dollars per ounce, with a possible pullback to 30 dollars. In the long term, prices could surpass 50 dollars, supported by sustained demand and limited supply growth.
Regarding the silver market, Neumeyer anticipates physical demand could disrupt the system as industries face supply constraints. He foresees companies like Tesla and Apple securing direct agreements with miners, bypassing COMEX, and reshaping the industry's structure.
Follow on X: [ Ссылка ]
"Welcome to our channel dedicated to gold and silver investing! In this video, we provide expert insights and analysis on the latest trends in the gold and silver market. Discover strategies for investing in precious metals, including gold and silver bullion, coins, and jewelry. Stay updated with real-time price updates and market news, and learn how to diversify your portfolio with gold and silver. Whether you're a beginner or an experienced investor, our channel offers valuable tips and guidance to navigate the world of precious metals.
Subscribe now for in-depth analysis, historical data, market forecasts, and more. Join our community of gold and silver enthusiasts and unlock the potential of these timeless assets. #GoldAndSilverInvesting #PreciousMetalsChannel #InvestingTips"
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
#gold #goldpriceprediction #keithneumeyer
Ещё видео!