Otavio (Tavi) Costa: Current silver market lacks past supply response

Otavio (Tavi) Costa: Current silver market lacks past supply response
Silver market contrasts with 2011 peak

Current silver market conditions differ significantly from the 2011 peak, according to Otavio (Tavi) Costa of Crescat Capital. He says that while the previous rally saw a substantial increase in production alongside price gains, that type of supply response is absent now.

Costa previously said gold miners had the highest free cash flow yield among U.S. equities, making the sector relatively inexpensive at around 10% yield, according to a prior analysis. He also compared a recent gold correction to the 2008 downturn and described the pullback as a potential opportunity in another report. These observations reflect his ongoing focus on metals and mining sector fundamentals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.