Four Precious Metals Megatrends Are Rapidly Unfolding
The comments below are an edited and abridged synopsis of an article by Joshua Glawson
As the world continues to be rocked by inflation and financial instability, four precious metals megatrends have emerged largely undetected by the mainstream: Central bank gold buying, rapidly expanding silver uses, a platinum supply breakdown, and capital control schemes.
Although no one can predict how these megatrends will influence prices, these factors represent bullish fundamental drivers for the major precious metals.
Up for discussion: Central banks are building gold reserves; silver uses are rising sharply; platinum supply sources are becoming tenuous; and ethical sourcing ESG mandates are bolstering capital control schemes.