Wealthion - Be Financially Resilient cover image

Wealthion - Be Financially Resilient

Sprott’s CIO Maria Smirnova on Silver’s Shortage - Why Prices Could Explode

May 1, 2025
Maria Smirnova, Chief Investment Officer of Sprott Asset Management, dives into the looming silver shortage and its potential to skyrocket prices. She reveals a staggering 1.2 billion-ounce supply deficit that could ignite market interest. The conversation highlights how rising demand from electric vehicles and technology is pushing the limits of supply. Smirnova explains why most silver is a by-product of other mining processes, and discusses the pivotal price point of $50 that could trigger new mining ventures. It's a silver rush on the horizon!
38:08

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Silver's ongoing supply deficit, driven by industrial demand from EVs and technology, could lead to significant price increases.
  • The divergence in investment strategies between gold and silver highlights silver's potential for volatility and growth as a smaller market.

Deep dives

Differences in Gold and Silver Demand

Gold and silver, while sharing some physical characteristics, serve distinctly different roles in the market. Gold primarily acts as a store of value and is often used in jewelry and investment, whereas silver finds extensive use across various industries, including medicine and electronics due to its advantageous properties. The podcast highlights the unique demand drivers for silver, emphasizing its industrial applications, which now account for a significant portion of total demand. As a result, investment demand fluctuations, particularly from Western markets, directly impact silver's market dynamics, with recent years showing a marked decline in this area.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner