Why is the price of silver going up?

Silver investors and traders have been buying the white metal with a frenzy, with price growth outpacing that of gold, and the gold-silver ratio narrowing as a result.

A large driving force behind recent momentum is the resurgence of generalist investor interest in the sector, said Gary Wagner, editor of TheGoldForecast.com.

“The reason I believe that might have happened is one, there’s talk of scarcity, but two, the millennials, people that have put money into the U.S. equity markets that are in their thirties and forties, realize they need a safe haven asset in case there is a bubble,” Wagner said.
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Видео Why is the price of silver going up? канала Kitco NEWS