Chen Lin: Silver's Move to US$50 Will be Quick, How I'm Investing Now

Finance

"Chen Lin of Lin Asset Management shares his outlook for silver, explaining that the white metal could move quickly to the US$50 per ounce level once market participants realize how large the divide between supply and demand really is.

""My point is that once investors see the huge deficit, they truly see the huge deficit in silver, silver will go to US$50 just like that — just in a heartbeat,"" he said. ""So I hope while you're enjoying the summer you don't miss one of the greatest runs of silver.""

This interview was filmed on June 20, 2024.

#Investing #Silver #Gold

0:00 - Intro
1:14 - Huge silver demand from solar
6:05 - Is silver's industrial side taking over?
8:07 - Why Chinese investors want silver
12:40 - How quickly can silver hit US$50?
17:44 - Silver futures, stocks and ETFs
22:40 - Gold price and gold miners
27:38 - China's pause in gold buying
32:48 - Summer outlook for silver, gold
34:55 - Outro
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