Silver Institute highlights higher Silver demand in 2015 but not necessarily Higher Prices

Silver Institute highlights higher Silver demand in 2015 but not necessarily Higher Prices


Welcome to Illuminati Silver – we tell you
the truth about silver. Today is Wednesday 29th July 2015 and we are
going to discuss briefly the Silver Institute’s 2015 First Half Report Press Release which
was issued yesterday. Now for the sake of clarity and so that we
cannot be accused of misrepresenting the Report, we attach a link to it below this video.
OK The Silver Institute headlines: “Upticks in Silver Demand Seen in First Half of 2015”.
In summary it states the following: • US imports of silver jewellery jumped
11% from January to May 2015 in dollar terms • Thailand imports were up 18.5%
• China imports up 14% • GFMS the precious metals consultancy,
estimates that global silver jewellery demand will grow 5% in 2015
• GFMS also predicts that Industrial applications will increase their demand for silver by 2%
• Solar panel producers are expected to increase demand by 8%
• Demand from ethylene oxide producers is forecast to increase by 61%
• Electronics demand expected to rise by 0.4%
• An expected 4.5% decline in demand by computer and tablet producers.
• Increase in demand envisaged by mobile phone shipments by 3%
• ETF Holdings increased this half year by 4.7 million ounces
• Bullion Coin sales fell by 6% compared to last year.
So the conclusion of the Silver Institute, now remember this is a forecast – is that
there will be a deficit of 57.7 million ounces of silver in 2015.
So we hear cheers from the ‘pumping’ fraternity – “we were right, silver demand exceeds
supply” – they shout – “the price is going to rocket.” Hold on! Hold on just
a minute. Let’s just bear some points in mind;
• Firstly the Silver Institute is more likely to be bullish bearing in mind its membership,
though on the side of balance we do rate highly their findings and views.
• Secondly, there are assumptions made on the supply side which are close to mining
historic growth patterns of 3%. We believe because of the pressure on prices, miners
will produce more to balance out cashflow, but we could of course be wrong
• Thirdly and more importantly, it is assessed, even by the silver bulls, that there is between
1billion and 2 billion ounces of above ground silver available to the market place. So even
if we were to take the lower figure of 1 billion ounces, to use up that amount of available
supply with a 57.7 million deficit, 17 years will have to pass.
So before we all jump up and down please just bear that in mind. The authoritative body
of the Silver Industry is forecasting a deficit of supply over demand of just 57.7 million
ounces, which can be catered for each and every year for the next 17 years at least.
Ah but we hear the critics say, “Physical demand for coins and bars will increase this
deficit further,” and do you know, they may be right. So let’s add another 100 million
ounces to the deficit equation, which will then push physical demand for investment higher
than it’s ever been before. Even then, in a worst case scenario, a minimum of 6 years
above ground silver supply exists, and you can bet if prices have started to move up
by then, then so mine production will also increase.
Back to the world of reality, however, the Silver Institute says and we quote: “In
the first half of the year, global bullion coin sales totalled 43.6 million ounces, 6
percent below levels seen in the same period a year ago.” Australia’s Perth Mint saw
its silver coins sales spike in June due to a more attractive silver price, though sales
overall are down 18% from the same period in 2014.”
So we ask you to draw your own conclusions, a bullish report YES. On track for a major
rise in the Silver price? Well in the words of the famous Francis Urquhart in House of
Cards : “You might very well think that; I couldn’t possibly comment”
We hope you have found this video at least interesting and informative, and would appreciate
it if you would give us a thumb up, comment and if you haven’t already done so please
subscribe. Disclaimer:
Silver Illuminati owners come from a background of Banking, International Wealth Management
and Economics. Having now retired from these worlds we are not qualified to give investment
advice. Therefore, this and other productions must not be deemed to be giving such advice
and merely represent the personal views of its owners.

22 Comments

  1. i'm loving these videos, I've just discovered your channel. Its refreshing to hear something other than 'pumping'!

  2. I like your channel for content but the voice is hard to listen to. It's dry, slow and monotone. Change the speaker…….please

  3. We live in the world of reality, where higher demand produces higher price, in turn, the lower the demand is the lower the price. Regardless if it is oil, copper, corn or Baltic Dry. 
    Those are not "fixed" every morning by London bankers. 
    However, all of this logic do not apply to gold and silver. I ask what is so special about gold and silver that it has to be "fixed" every morning instead set by market forces? Why most of the price moves are in the after hours? and why useless gold and very useful silver follow the same price pattern?

  4. Thanks for another informative video !!  The last time I bought silver was in 1999 . Like you I'll be interested when its closer to $10 .

  5. good vid, but I must think about this: 2 billion ounces above gound, 7 billion people , so there is less than 0.3 ounce above ground per human…

  6. I love the videos thanks.  One thing I am noticing is that you are completely focused on mining and demand.  You have mentioned things could change if the economy collapses, but you are not focused on it, or researching it.  I am guessing most of us interested in silver is not because it may go up in 17 years, but mostly because of the US economy collapsing due to the trillion in debts, China, Greece, lingering financial meltdown issues from 2008, etc.  So, while I agree there may not be any demand in the next 17 years, can you use your awesome research capability to tell us about the world economy?  How much danger are we in?

  7. I really don't know much about investing in silver, although I did just start buying some for the first time in my life. However, this is what I do know, silver prices are not related to “supply and demand” or “worries about inflation.”  Silver prices are related to "loss of confidence in our government” to control prices.  That is something you can't predict but I would guess that “loss of confidence” is something that is going to go up very shortly along with silver prices. The house is about to fall – if not now – very shortly. As much as they'd like to, the Fed can't raise interest rates because of their fear of deflation. They know the economy is not as good as they'd like you to believe. When this fact gets out to the public they are going to lose confidence along with their belief that our government knows what they are doing and that's when prices of gold and silver are going to go up.

  8. Thanks for the food for thought. I recently started to stack a bit and I think I'm drawn to silver 'cause it's shiny! I will still set aside some funds to grab some more silver and possibly gold as the price drops, but I will focus mainly on paying down personal debt.

  9. Great video! How long do you think the market has before heading your price target? How long do you think we will stay in that area before starting to make noticeable gains

  10. Listen Ive been listening for awhile to quite a few of you guys  mike maloney included and yes there are some who have a personal interest in promoting silver and other precious metals, the guys whom I listen to for market commentary are guys like mark faber, jim rogers, Dr paul craig roberts, and jhon williams, and dr roberts himself has admitted that this thing has went on longer than he thought it would. The point is no one knows where the bottom is not even  ( illuminati silver ) by the way I did subscribed to your channle, don't try to make a name for yourself by pointing out other peoples miscalculations of silver prices just stop it! I live by that motto  LISTEN TO ALL BUT FOLLOW NO ONE …   peace.

  11. I really like how you put it and just wanted to say thank you and keep up the great work you are giving a lesson most of us need to know

  12. Hello, thank you for your perspective. I was kind of curious where the 1-2 billion oz above ground inventory number is coming from, as governments for the most part have liquidated their reserves and there is less than 200 million oz in registered or eligible silver on the comex. I'm sure there is much much more with jewelry/coins etc. but I don't think it would be reasonable to depend on those sources to make up for long term supply deficits.

  13. lol buddy   do you have any idea how much silver thier pulling up from that sunken silver ship,   silvers dropping like its heavey   dude

  14. I watched a video yesterday and this young man "29" had a thousand ounces of silver that he bought in the late 90's for around the $5 per ounce range….funny, he sold his "TY" Beanies to do so. I told him he was fortunate to have bought then and I told him that I wish silver was still $5. Imagine buying a ten ounce bar for $50! I could buy about 10 of them per month, that would be cool. We will never see $5, but $7 or $8 would be good.

  15. You kno a lot of " silver people " ( silver speculators i – guess would b a good — discription maybe ) seem to be thinking with greedy intentions , and people in this mindset don't seem to wanna think RESONABLY … reason seems to be very difficult to grasp – especially if ppl. have invested more than they shouldve I'm a product of the streets so i kno a grift when i see one at least MOST OF THE TIME and for taking time out to try and help greedy ppl. to think resonably i ty for yur posts.

  16. WHy is especialy the silvermarket rigged by banks?
    SIlver is a very special metal much needed in the medical world pa
    Nations who wants to produce the best weapons better made shore they have the most silver
    How much is left in the earth? For 20 mining years?
    Just curious

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