Nikos Kavalis - Silver Bear Market Is Over, $20 Silver in 2018
Nikos Kavalis of Metals Focus(https://www.metalsfocus.com) shares with us on SBTV about why the bear market in silver is over and why he sees the silver market is in surplus and not deficit. He expects the silver price to breach the $20 mark in 2018.
Discussed in this interview:
01:31 Silver bear market is over
04:20 Disinterest in precious metals
07:13 Outlook for platinum
09:35 Silver market is in surplus, not deficit
12:14 Investment demand in silver
17:44 No silver shortage in the near future
20:18 The silver recycling market
22:05 Impact of Fed rate hike
25:52 $20 silver in 2018
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