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Mexico Business News/Interview of Michael DiRienzo-The Silver Institute/6-11-2021
“Net physical investment is likely to see further strong gains in 2021, with demand forecast to rise by 26 percent to 252.8Moz (7,862t), its highest level since 2015. Western markets will build on gains from 2020, while the sharp bounce-back in India will be driven by the base effect and investors there taking advantage of the recent price correction.”
USAGOLD note: The Silver Institute sees silver peaking at $32 later in the year based on it benefiting from both green technology demand and investor demand for safe-haven purposes.
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