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

• Investing News
  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

end