Will $50 Silver Hurt Industrial Demand? #silver #investing #gold

Will $50 Silver Hurt Industrial Demand? #silver #investing #gold

to some extent and many applications no it will not make a huge difference naturally they don’t like it and then it eats into their profits but there’s going to be a certain amount of Tolerance and they’re going to pass on price increases in their in the price of their product to some extent because silver is a small portion of in many of its applications if you think of electronics things like onoff switches like printed circuit boards um it really is not a huge portion despite being indispensable so yes they need it can they pass the cost on yes to some extent and I think that that’s what’s going to go on for a while we’re going to start to see some of the electronics have to pass their price increases on in from Silver but it’s going to be at when we get to a point of maybe it’s 50 maybe it’s a $100 silver that they’re going to say okay you know this is really really hurting now and they will still have no choice they’ll still have to pass the price on

Peter Krauth discusses the inelasticity of Silver’s Industrial Demand.

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