Silver is falling, here’s why and what could turn it around

What has always been my favorite metal and my go to in times of boom and crisis has been a bit of a disappointment recently leaving us with new technical levels to watch. Something silver investors need to consider is the industrial fabrication demand which makes up 60% of total silver consumption. The four largest manufacturing companies by revenue are Volkswagen, Toyota, Apple and Samsung. These companies have either been taken offline in the case of Apple and Samsung, while Toyota and Volkswagen have been affected by the disruption in the supply chain. Looking at the largest silver producers, Mexico and Peru, they have not had any reported coronavirus cases meaning the prod