Nick Barisheff: Silver Demand High, What's a Realistic Price?

This interview was filmed on May 10, 2021.

The silver squeeze story has been making headlines for months now, but even with this increased attention, the white metal's price remains below the US$30 per ounce level. 

Nick Barisheff, president and CEO of BMG Group, pointed out that people are paying closer to US$50 for an ounce of silver on sites like Amazon and eBay.

"I think the US$50 price is more realistic ... it's not a theoretical ask price — people are buying coins and so on at that price. So as time goes on, it's a good area to monitor for what the real physical price is," he explained.

#Investing #Silver

0:00 - Intro
0:26 - COMEX update - more people want physical
4:55 - BIS rule change and unallocated accounts
7:04 - Putting a fair price on silver right now
10:29 - Nick's inflation expectations for 2021
13:40 - Industrial users need to secure supply
17:22 - Why aren't gold and silver prices higher?
21:00 - Final words from Nick and outro

________________________________________________________________
Investing News Network (INN)

Find out more about investing by INN @
https://investingnews.com/

Follow this link to learn more about Silver ↓
https://bit.ly/314itzf

Want a FREE investor kit? Download here↓
https://bit.ly/31NNNTR

Follow us Facebook:
https://www.facebook.com/investing.news.your.trusted.source

Follow us on Twitter:
@INN_Resource

________________________________________________________________
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Видео Nick Barisheff: Silver Demand High, What's a Realistic Price? канала Investing News