Ted J Butler: Is Silver the New Golden Opportunity

In this episode, host Michael Fox and regular contributor Ted J. Butler discuss the recent performance of gold and silver markets. They note that gold recently touched $3,000, driven by central bank demand and global geopolitical uncertainty. While silver is still underperforming gold, they expect it to accelerate soon, potentially outperforming gold as it has historically done about 12 months after gold breaks previous highs. They discuss various potential catalysts for higher silver prices, including industrial demand from solar and electric vehicle batteries, military applications, and investment demand, especially from India. They also highlight the ongoing supply deficit in silver as a factor that could drive prices higher.