Page 21 - Bullion World Volume 4 Issue 7 January 2024
P. 21

Bullion World | Volume 4 | Issue 7 | July 2024


                                                              Ms Nicky Shiels – What do you think of Silver in
                                                              general and the industrial demand in the coming
                                                              times with solar peaking?


                                                              Mr Nikos Kavalis – The demand for silver continues to
                                                              remain very strong hence we are bullish on silver, there
                                                              is stock in the market as of now but the bearish scenario
                                                              is limited. For the next few years we see a traditional bull
                                                              market for silver.

                                                              Ms Rhona O’Connell – Absolutely, the demand factors
                                                              and the long-term outlook for silver is very promising for
                                                              the future. One advice for the investors would be not to
                                                              finesse it in terms of entry, can be bought and held for
                                                              the future.


                                                              Mr Nicholas Frappell –  Well yes, it sounds very
                                                              intriguing and I agree with the other panellists, but there
                                                              is no sign of a deficit in the forward markets, in the
                                                              coming time if we see a tightening in the forward market
                           Mr Nikos Kavalis
                                                              it can be a clear indication of a deficit in the market.



           Ms Nicky Shiels – Can the US election which are    Ms Nicky Shiels - As we all know almost all the
           scheduled for November be a reason for retail      analysts got their analysis on gold and especially
           investors from the west to look at gold as a lucrative   the USD wrong, what are your views on the above?
           option for investment?
                                                              Mr Bart Melek – Yes, most of the analysts got it wrong
           Ms Rhona O’Connell – More than half of world’s     but there can be slight cool-down in the US economy
           population is entering into the elections this year, well we   in the times to come. But forecasting the future can be
           cannot segregate to one location but yes there can be   a difficult job, just a few months earlier the fed wanted
           increased participation especially in gold.        to cut at least 6 times in this year alone but that outlook
                                                              has changed and moved to 1 rate cut in these months.
           Mr Nikos Kavalis – When it comes to the western    The growth in china can be a disappointment and it
           investment there must be some kind of context involved.   would not be as expected.
           There will be weakness or drought before a once in a
           lifetime buying, there are profits going through the roof
           and booking these profits can be healthy. Overall, there
           is a positive sentiment all across the globe for the retail
           investors.


























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