Chris Marcus of ‪@arcadiaeconomics‬ breaks down silver's rise above US$30 per ounce, outlining the wide array of factors that are driving the metal right now. He also discusses how high silver could go in 2024, explaining that US$50 is possible but not likely.

"I think silver in the long term — everything that we've talked about is why it's still to me a good long-term bet," Marcus said. "In the short term I would expect you're going to see it pretty darn volatile. I mean, is there a chance for US$50 this year? There are scenarios in which that could happen, but I don't know that I would say that we're in a guarantee of that. But certainly with some of the things that are building beneath the surface, yeah it's possible."

Pepe Escobar article: https://bit.ly/4aLVkoQ

This interview was filmed on May 28, 2024.

#Investing #Silver #Gold

0:00 - Intro
0:43 - What pushed silver above US$30?
5:19 - China's interest in gold and silver
9:32 - Mainstream is waking up to silver
15:04 - BRICS currency developments
18:22 - Supply can't meet rising demand
24:53 - Will silver hit US$50 in 2024?
28:05 - Know why you're investing in silver
32:24 - Outro

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