I've Never Seen Anything Like This in Silver - 'Demand is Relentless': Keith Weiner
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Keith Weiner is seeing something unprecedented in the silver market, as prices for silver in the future recently dropped lower than current prices, a phenomenon known as backwardation that indicates an extremely tight supply. This fact, coupled with rapidly increasing demand from India and silver reestablishing itself as a monetary metal, leads Keith to believe prices could be headed much higher up ahead.
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