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What if there is less physical silver than current numbers suggest?
From silverdominion.substack.com
What if there is less physical silver on the market than most investors assume today? Every year, new estimates of global silver supply and demand are published. Analytical firms release projections covering mining production, recycling, industrial consumption, and investment demand. The numbers appear precise. The tables look reliable. The market seems under control. But commodity market history has repeatedly shown one important thing. The true picture of a market is not always immediately visible. For 2026, the silver market is expected to see a deficit of roughly 43 million ounces. In a market with approximately ... (full story)