Bob Quartermain: The constraints on silver supply

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At the Casey Research Gold and Resource Summit, Bob Quartermain, a 35-year mining veteran, spoke about the constraints facing silver supply today. He said: “Mine supply doesn’t meet demand and in many of the new applications silver isn’t being recycled, so it’s not going to come back into the scrap supply chain … We’ll have to go out and find new mines or new sources for silver; and that can only speak to higher prices.”

Source: YouTube, March 4, 2011.

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