German Chancellor defends planned lithium deal with Serbia
Mercedes-Benz and Stellantis are currently in discussions with Serbia’s government to invest in the country.
Jeff Nielson of ETF Daily News provides a clear and thorough elucidation of the factors indicating that silver is absurdly priced on the market.
Nielson observes that the key to understanding the silver sector is realizing that the vast majority of the precious metal produced globally is the byproduct of other forms of mineral extraction.
While almost every other commerically viable metal on the planet is extracted via “primary” mines dedicated to the production of that particular metal, silver is unusual in that it enjoys high commercial demand and is found in sufficient abundance for economic extraction, yet is still largely obtained as a byproduct of other mining.
Nielson’s conclusion is that silver is unfairly priced as a result of market manipulation and that if the precious metal were properly valued it would be obtained via primary mining instead of as a byproduct of other extractive operations.
