Silver is being mined in countries with no coronavirus outbreaks like Mexico, the USA, Peru, Poland, Chile and others.
While China which is closed down is on the 3rd spot on Top Silver-producing Countries!
It's a matter of time until silver producing countries go out of production and silver supply will be scarce enough to blow its price.
It is well known that underdeveloped countries will not perform well after virus outbreaks because of their unreadiness. And viruses in such countries will last several months until contained. Think Mexico, Peru, and others. Supply will be disrupted in silver producing countries while silver demanding countries like China, Germany, UK, Canada, Japan, Taiwan, and others will contain the virus faster than others!
Do your maths
While China which is closed down is on the 3rd spot on Top Silver-producing Countries!
It's a matter of time until silver producing countries go out of production and silver supply will be scarce enough to blow its price.
It is well known that underdeveloped countries will not perform well after virus outbreaks because of their unreadiness. And viruses in such countries will last several months until contained. Think Mexico, Peru, and others. Supply will be disrupted in silver producing countries while silver demanding countries like China, Germany, UK, Canada, Japan, Taiwan, and others will contain the virus faster than others!
Do your maths