Silver - best asset class in Q1 2017
SUNARES Co-Fund Advisor Udo Sutterlüty speaks with Jochen Staiger at Ducascopy TV in Geneva about the Silver industry, Silver prices and the potential future outlook. They cover the importance of the additional future solar and chemical demand estimated to total some 600m ozs of silver in the next few years with no additional supply in sight. The net deficit from the Silver Institute shows a deficit of 1.3bn ozs of Silver in the last 10 years and some market participants are still short. There is a look at a long-term Silver chart from James Turk which shows a very long-term cup-and-handle formation indicating that there is big upside potential for silver prices. At the end they also cover a number of Silver Companies and one of their major Silver holdings in the UK held within the SUNARES fund.