Banking Crisis is Around the Corner: Silver & Gold Going Higher?

May 26, 2023

Joining us today is Thomas Parilla, president of Parilla Investment Group, discussing the current state of the market and its impact on silver and gold. Thomas addresses the dilemma faced by the Federal Reserve and the potential consequences of their decision to raise interest rates. Furthermore, we discuss the industrial demand for silver, particularly in electric vehicles, and predicts a potential supply shortage. He advises investors to focus on junior mining companies proving their mineral assets, as they may attract mergers and acquisitions.

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Nearly 40 percent of all gold ever mined was recovered from South African rocks.
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