$50 Silver Target, 500mn Ounce Deficit – Watch This Trend! | Chen Lin
Chen Lin shares his latest forecast for silver and copper with us. We love chatting with Chen as he has very deep insights into Chinese market dynamics and how they are effecting the commodities. He calls for $50 silver by June and suggests a huge silver deficit, if the AI trend persists. Microsoft alone is investing over $10 billion (!) into solar.
When 1.4 trillion Chinese step up and start buying silver and copper, I would not want to be caught on that short side. When the Chinese started buying homes regardless of price and only based as speculative investments, we all know how quickly that turned and is now a sea of empty buildings condos and homes.
Hummm…..