STEEMIT Gold / Silver Report: “Have We Reached Peak Silver?" - Hecla CEO Phil Baker Weighs In. VIDEO / 2Mins.

in gold •  last year

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From Kitco:

A lack of silver exploration in the last 30 years has caused silver production to reach a peak, said Phil Baker, CEO of Hecla Mining.

“I would characterize it as having reached a peak level of silver production,” Baker told Kitco News on the sidelines of the BMO Global Metals & Mining Conference. “There hasn’t been an exploration, certainly in the lead and zinc area, and so there is a continued coming deficit.”

Baker noted that silver has demand from new applications that have come into existence in the last 20 years, such as photovoltaic cells, and film equipment.

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Good stuff

Live your post . Totally agreed with your thoughts. My half investment in gold community

pathetic into the new economy, we will physique this as one friends. Precious Metals are mind backed as Blockchain…

Gracias por el apoyo amigo. Tu seguidora fiel.

wow nice