Silver Price Will Depend on ‘Severity of the Shortage.’ Here’s What It Means - Bart Melek

Jeremy Szafron, Anchor of Kitco News, interviews Bart Melek, Managing Director & Global Head of Commodity Strategy at TD Securities, to discuss the recent fluctuations and future prospects of the silver market. Melek provides insights into the key drivers behind silver's current market trends, including industrial demand, monetary policies, and speculative interests. Melek also compared his future trajectories of silver and gold and offered predictions on how upcoming economic indicators might impact silver prices. Watch as Bart explains the complexities of the silver market and forecasts what investors might expect in the coming months.
Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Bart Melek on X: @bart_melek ( / @bart_melek )
00:00 - Introduction
01:30 - Fluctuations in the Silver Market
03:50 - Drivers Behind Silver's Price Movements
06:20 - Industrial Demand and Its Impact on Silver
09:15 - Silver's Market Dynamics Compared to Gold
12:30 - Influence of Monetary Policies on Silver
15:45 - Speculative Interests and Their Effects on Silver Prices
18:30 - Future Projections for Silver Prices
21:45 - Bart Melek's Advice for Silver Investors
24:10 - Conclusion and Final Thoughts
#marketanalysis #SilverMarket #KitcoNews #BartMelek #Commodities2024 #Investing #EconomicForecast #PreciousMetals #gold #goldprices #silverprice #commoditiesmarket
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[@Billfish57]

Expert predicts the Silver may be a little more expensive in 5 or 6 years. Got it.

[@r.s.334]

Ya this was sad

[@ericmcdowell5762]

That's about as easy as predicting that the Sun will rise in the East, and set in the West.

[@PepeCoinMania]

😂

[@chriswood7165]

I started stacking 15 years ago because of KZbin. I Heard month after month year after year there is no silver left no stockpiles shirt supplies. I'm glad I got bitcoin silver needs to hit 100 to compensate me for inflation. I suppose I will be hearing these videos in 10 years .

[@PepeCoinMania]

😂😂😂

[@helmsleyy]

If alive...............................

[@NatiaMaisuradze-ey5iq]

The way history repeats itself in financial markets is quite intriguing. Artur Grandi's book gives a clear formula for stabilizing investments and suggests areas for investment, like cryptocurrencies.

[@TIGERSDFW]

I thought the derivatives market sets the price. The paper market. Real gold and silver are only distintly related

[@waynefaulkner2180]

World Money = Gold 💰, Gold = Tier 1 asset.

[@TwitchRadio]

Good ol kitco... Thanks for your time and the update 😎✌️💯

[@allen4353]

Silver battery used in torpedo and missiles has depleted the supply. The war in the middle east has had a big effect on the supply.

[@richardlesh393]

500 Oz's in a patriot missile just blown up Google it

[@unconcerned1]

Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Tobias Hawke, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....

[@unconcerned1]

Tobias Hawke program is widely available online.

[@malena18ma]

Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Tobias insights. It's akin to finding a diamond in a coal mine.

[@marcialjorge]

It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals..

[@MikeBundchen]

Tobias gave me the autonomy I need to learn at my own pace and ask questions when I need to he’s so accommodating.

[@Codyjoestone]

In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Tobias continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.

[@caseyrindal1815]

Supply and demand does effect price. This guy seems to play down the shortage. Typical kit o interview.

[@Silvercrypto-xk4zy]

It does but it’s not the only factor or even necessarily the main one

[@jamesmarchetti3286]

This a great educational video for me especially about the factors !!!

[@inlandempire13]

Good knowledge sharing

[@brysona466]

Silvers' Day is Always 'Next' Year

[@PepeCoinMania]

😂😂😂

[@vinceb4380]

He should mention the World Military Applications of Silver.🚀🚀🚀🚀🚀🚀🚀

[@anupamsircar111]

I love Jeremy.

[@phil.s2245]

Great guest.

[@trailerparkcryptoking5213]

Saber rattling triggers oil price to surge instantly at just the slight probability of a shortage! Silver demand has exceeded production for four years and the price hasn’t budged! That alone proves that it’s highly manipulated and ultimately it has to be the US gov involved otherwise they would take the necessary measures to stamp it out....

[@akesha4138]

"We do not know how this is going to unfold." End of story.

[@raytaylor3077]

yeh right. silver shortage.

[@majorpayne8373]

I'm just mad about Szafron.

[@vooteimer1234]

Precious metals are a store of value, not an investment. If you think I'm wrong ask yourself: how high would silver have to go for me to sell all my silver? How much profit did I make from holding onto all that metal for so many years?

[@user-dc4rs9mf9d]

won't sell any until it hits triple digits

[@KoDeMondo]

Well it depends when you buy it if you buy it 10 years maybe now you got a little bit margin but if you bought your metal 3 years I'm still sitting in the negative side

[@PepeCoinMania]

It’s not storing any value at all😂

[@AngelEyes-xm7el]

⁠i know people that bought silver in early 2000's they are still holding. Look long term it may come sooner then later with fiat dumping.

[@vooteimer1234]

@@AngelEyes-xm7el how much silver would a person have to buy to wait 25 years for it to Possibly go up?

[@Silvercrypto-xk4zy]

The problem regarding the job’s number is that we don’t separate full time from part time, nor do we take into account the number of people working 2 3 and even 4 jobs. All it shows is that mare jobs are created, but if you have a person being forced to work multiple 2 3 and even 4 part time jobs with no benefits, is the economy really as strong as the numbers seem to indicate? To me it’s nothing more than a house of cards, and once the real information is reflected things will fall apart quickly

[@r.s.334]

This guest sucked. Talked a lot, said nothing.

[@ericmcdowell5762]

Here's basically what he said, ... " ".

[@TwitchRadio]

Like a constipated fart, all noise no substance... 😂

[@deanchristie3829]

All air; because there is no shortage of silver.

[@misty671]

He works for a big bank.

[@topshelfspringwater6923]

My sentiments exactly. A waste of oxygen.

[@31u]

Natural inflation will bring SILVER upward TRENDING. Also BRICS: Country aliance with the beltway trading among these HORDING Metals COUNTRIES will cause fiscal demand shortages ...So load up Silver & Copper too.

[@bobsacamano7653]

Only way I'm giving up my silver is when the GSR is twenty to one

[@jamesmarchetti3286]

I was watching Gold to how much the rise would end up and it then made wonder about silver but didn't watch it closely !!!

[@TIGERSDFW]

One day the silver will start to increase in price. One day. I might be alive when it happens

[@stephenbrown6041]

Investing silver means your ok with investing in the most price controlled commodity 3X more paper derivatives on silver than gold.Paper silver derivatives sets the physical silver price it’s just criminal🤢🤮.

[@thecooler7235]

Call Jaime Dimon and ask him when he will let silver run. He controls the Silver SHEEEET Show.

[@issenvan1050]

Should silver behave like gold or copper during the next recession?

[@faustman1000]

No. A person from JP Morgan precious metals department flew tp the Shanghait Exchange last week. Then gold and silver got slammed. That same week, almost 1 billion pieces of SLV were traded tamping down the prices when silver was closing in on 30.00 per ounce. The bankers will continue to wrest for control of the precious metals for their own. Stop propagating the game.

[@kevinrusso6849]

This guest has not really addressed the 34 trillion debt witch has to effect the price of Gold and Silver , also the price of Bitcoin people are paying shows me tgat the price of gold and silver in difficult times wi go a lot higher

[@ghanna7787]

How will there be a shortage (not manipulated) if the economy continues to slow?

[@adventureswitheddie6444]

Monetary demand, silver is money

[@joesmith7123]

Imagine thinking silver is running out 😂😂😂😂

[@user-ow3ni2zd2x]

Please

[@william1863]

WE ALL KNOW WHO IS DOING ALL THIS TO THE AMERICAN PEOPLE SHAME ON YOU ALL .

[@Mbalta001]

Surprised manipulation wasn’t mentioned.

[@nickl1177]

Jeremy is a much better interviewer than Michelle. He doesn't ask leading questions, or much less than Michelle, and more importantly doesn't cut interviewee off mid sentence

[@harryzero1566]

If I can get 10oz of gold for 200 oz of silver I would consider selling,

[@Mauitaoist]

The FED can't cut and the FED can't raise they're stuck where they're at

[@bodhidharma3918]

Is he struggling with a loose stomach ???😂😂😂

[@Bobby8270]

Nothing decisive from this interview. Cud go up. Maybe a shortage. Don’t have a date. Etc etc.

[@siiwok]

never believe the silver shortage story ever..10yrs ago I lost alot after listening to Max keiser saying silver was going to have shortage and lost alot. (even AGQ dropped alot)..only buy silver AFTER gold has gone parabolic...or just wait for the bull run and ride the wave midway when you are sure its started go parabolic..

[@amyharrell251]

Look On The Debt Clock really price is 10000 dollars per Troy Ounce.

[@gman7644]

Bitcoin is the best investment

[@adventureswitheddie6444]

Was the best investment…

[@darhan6709]

silver miners are telling you that the silver price is not going to go up,,, they are at record lows,,, take a hard pass on silver

[@mikeoz4803]

BLAH BLAH BLAH!!

[@louiem337]

The guest did not even bring up that india purchased one hundred and twenty three million ounces of silver in the first quarter of 2024 !!

[@kennetharntson5912]

As inflation increases, more business close their doors, banks go broke. Where will alll this money come from to buy the solar panels for the foreclosed homes. Will that unemployment check cover the down payment on that hot looking electric car? Yea, I see a huge demand on silver, much like we have had for the last 20 years.😅

[@onlineadvertisingnet]

Crack Up Boom Imminent!

[@user-ci2mn1oy3w]

there's no shortage of silver and never will be, cause the USD is going to collapse in a very few years, from all of the wars, money printing, letting in 10's of millions of illegals., and that will end everything. We used to burn up thousands of tons of silver every year, for photography,. That's not been true for at least 20 years. So there's a huge supply of silver left over from all of that.

[@bugsy1254]

Solar panels use over 200 million ounces per year and growing.

[@100orBust]

where do you get your data from? 24 years ago at its peak about 200+ mil ounces uses in photography, now photovoltaic will use ~ 700 mil ounces of silver and increasing YoY, which almost by itself will consume nearly the entire annual mining supply of 800 mil oz. Now we have all the other industrial demand and growing, not to mention India who took over 200 mil oz in delivery the past month, and retail global demand .... we might not be in a silver shortage but we are definitely in a silver deficit, and this trend will undoubtedly lead to a silver shortage.

[@allen4353]

The newest solor panels use four times what the older panels did

[@tomnguyen746]

I agree. These guys trying to pump up silver and dump it when everyone FOMO and jump in the last minute. Don’t be stupid and fall into the trap.

[@harryzero1566]

The chinese could well back their fiat currency with silver offering gold holders a guaranteed swap ratio. The British had to sell or swap gold for silver to pay Chinese for silks and spices. This motivated the British to become the worst dealer in opiates, causing the well publicised opium wars, that concluded with Britain holding on to Hong-Kong on a 100yr lease. In short the chinese could offer the greatest deal for silver using their vast reserves of fiat currencies, which would result in them sucking up all available physical supply.

[@peterirons9773]

Dont bet on learn to trade

[@bodhidharma3918]

Mr Bart ..talk without struggling...you seem to be ready to go for a poop

[@johnbuck6685]

I guess this means silver is going no where there is no shortage of silver and if the spot price ever hits 30$ the market will be flooded with people selling just to get out from under a dead horse

[@adventureswitheddie6444]

Right…

[@alr5373]

Sell your ETFs and miner stocks. Buy physical to take real silver out of the real inventories.

[@surasak_es335music6]

If Kitco said silver shortage means ther's a lot of silver in stock we wanna sell ya sucker.

[@davie2983]

This guess said nothing.

[@RocketScientist1]

The Canadian Jeffrey Christian… Smug

[@tomnguyen746]

lol 😂😂😂 silver never shorted. These guys trying to pump and dump

[@lotsofthisandthat9791]

Sucker’s going to to 21.

[@adventureswitheddie6444]

Gold is going to $1500 again?

[@iancassie9840]

this guy is b/s anti silver

[@rumcoke9123]

when will the permabulls of silver understand that there is no shortage. Hearing the same nonsense over 15 years now.

[@adventureswitheddie6444]

Elon musk could buy it all, he has to buy mines instead

[@waynefaulkner2180]

There is no shortest of silver, just look at price channel $26 - $29 US. Also, if there was a shortage of silver, you wouldn't have an approved silver mine sitting idea in Colorado, US (AUN.V).

[@waynefaulkner2180]

Idle, not producing silver

[@SpiritofGeorgeWashington]

This dude is clueless

[@PepeCoinMania]

Im hearing this since the 90S 😂

[@adventureswitheddie6444]

Silver has hit $50 since then

[@lepton31415]

the silver price has nothing to do with supply and demand.

[@akesha4138]

A NOTHING conversation, do not bother. Most boring guest ever.

[@Lepanto2024]

Nothing as annoying as someone who uses 100 words where 10 would do. What a self-important sad end of life waste of space

[@user-ki3je4oe6d]

Silver is like air. It’s so plentiful that no one is willing to pay anything for it because it’s everywhere and anyone can get it at any time they want it. Wait a second…… 🧐... Sorry, I was thinking of something else.

[@bodhidharma3918]

Useless interview responder...he shakes his mouth and it's so damned painful to get him to talk to the point...