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Global Metal Stockpiles DEPLETING; What About SILVER? | Craig Hemke
Inventories of copper, zinc, nickel and other metals are depleting. Could it happen to silver? The Silver Institute has reported a more than 250 million ounce deficit for 2022. Craig Hemke, founder of TF Metals Report, joins us to discuss the silver supply issue as well as his forecast for precious metals for the rest of the year. He sees continued choppiness in gold and silver the first half of this year. But come the second half of the year, he expects precious metals will shoot higher because of a Fed pivot.
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INTERVIEW TIMELINE:
0:00 Intro
1:35 Gold/silver pullback
4:53 Pivot signposts
8:37 Job's report
11:20 Economy & metals
16:08 Silver deficit
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