Loading ...I hope he’s right. I started buying Silver coins in the 1970s, then gave up and switched over to gold back in 2008. Back then I think the gold silver ratio was 15 oz silver to 1 oz of gold. If that ratio came back today Silver would be $266/oz.
Mr Copper
Except this balloon is filled with gas and one day it’s gonna blow up on them.
Mr Copper
Yes interesting eh. One big air balloon their trying to hold under water.
WEF
Has anybody noticed that the majority of men pictured at the WEF meetings are from the mid east dressed in white robes?
@goldilocks I Asked ChatCPT If The Author Was Right
Here’s a visual snapshot of global silver’s supply-demand balance over recent years—namely the persistent deficits and tightening inventory—that aligns with what John Zadeh and others have been highlighting.
What the Data Tells Us: Is Zadeh’s “Structural Deficit” Thesis Correct?
1. Consistent, Multi-Year Deficits
-
The silver market has faced seven consecutive years of supply deficits, where demand (industrial, investment, etc.) outpaces combined mine production and recycling Metal.comSprott.
-
The World Silver Survey 2025 projects a 117.7 million ounce deficit in 2025 MiningVisuals, while Reuters reports a similar 117.6 million troy ounce shortfall MINING.COM.
-
HSBC echoes this tightness, forecasting a 206 million ounce deficit in 2025, narrowing to around 126 million ounces in 2026 Reuters.
2. Manufacturing and Innovation Fuel Demand
-
Industrial demand, particularly from solar photovoltaics (PV), electronics, EVs, and even AI-driven applications, is setting new records The Silver InstituteSprottCarbon Credits.
-
Solar demand alone now accounts for 14% of total silver demand—up dramatically from just 5% a decade ago Carbon Credits.
3. Supply Isn’t Keeping Pace
-
Mine production is relatively stagnant or declining. Although 2024 saw a small uptick to 819.7 million ounces, this still reflects long-term challenges The Silver Institute.
-
Recycling rose 6% to a 12-year high of 193.9 million ounces—helpful, but not enough to fill the gap The Silver Institute.
-
Mine supply in 2025 is projected at 835 million ounces, still trailing behind demand MiningVisualsSprott.
4. Price Response Reflects Fundamental Tightness
-
Silver surged past $35/oz—a 13-year high—as of June 2025, rising about 24% year-to-date Reuters.
-
Sprott reports a 25% gain through mid-2025, attributing it to structural deficits and rising industrial and investment demand Sprott.
-
Institutions like Bank of America, Citigroup, and others are forecasting prices to reach $40/oz or more by late 2025 or early 2026 GoldSilver.
Verdict: Is Zadeh Right?
Yes—directionally, very much so.
John Zadeh’s thesis—that silver is in a structural deficit—is strongly supported by current data:
-
Persistent annual deficits.
-
Robust, growing industrial demand (especially from green and tech sectors).
-
Supply constraints from mining challenges and limited recycling gains.
-
Corresponding price behavior and bullish forecasts from multiple institutions.
His perspective aligns with broader market consensus and is well-grounded in data and observed trends.
Overview Table
| Factor | Reality (2025) |
|---|---|
| Supply Deficit | Approaching 118 Moz annually—persistent over seven years |
| Demand Drivers | Record industrial usage—solar, EVs, electronics, AI |
| Supply Response | Modest production growth; stronger recycling, but still insufficient |
| Price Movement | Up ~25% YTD; surpassing $35/oz; bullish outlook to $40+ |
British fighting back.
They need to be strong and forceful in numbers and work on driving out the trouble makers including in government. I believe their government in these particular country’s are chickens, flat out cowards. There protection from terrorist were zero. They were too afraid to go after them and follow them all the way back to whatever country they came if they had to . Their half witted attempts only resulted in retaliation and they were afraid of retaliation so instead now a bunch of uneducated heathens own them. At least they could of been better than them not worse and to that backwards degree. It’s like a joke. Even if they had plenty willing to fight and the skills they had cowards for leaders. Their leaders are like the number zero when protecting their own country and putting down their rules and their not doing that cuz they’re chickens. What’s zero times any number? Zero and that’s what they’ll be and same for Germany France and Spain. The other country’s need to get together and start militarizing themselves.
Ferrett
I told ya. That’s his and cohorts excuse.
Silver supply crunch. Lots of reasons. Causes and opportunity.
The Silver Supply Crunch: Causes and Opportunities in 2025 | SMM https://share.google/PA83N3zAEO6XNopJQ
I know what they say about referring to Hitler, but
Netanyahu claiming all this territory for the FatherPromised Land?
Gaza is merely the warm-up act. Need another 3,500 years of popcorn.
Treefrog 15:15
Maybe Eeos can use his skills for good and put them in orange suits.
treefrog
I say why not?!
Gold is searching for that support at $33.50 again.
Maybe those delivery numbers the Captain has talked about will start to take hold of the gold market and it will break out of its range with silver.
Really quiet on the volume side of things today. PPI’s may be a test tomorrow.
SILVER?
forty bucks by labor day?
Rates and oil tumbling
Oil down near $62, 10 yr down top 4.23%
Lazy summer day. The algo’s are trading the miners with the QQQ’s today.
I Think The Shares Bottomed At 11.30 AM
Pretty much all my positions started back up at the same time, 11:30. SLV bottomed at 11:15 GLD bottomed at 11:33.
Will we climb the rest of the day? I have no idea. LOL
Buygold
Looks like there is pushback against the destructive immigration policies … at least in the UK and Ireland. People coming out in the streets, burning immigrant slated hotels etc Not much yet but soon to be more!
Ipso
Yeah, I hope peace breaks out in a big way. We need to figure out a way to get out of NATO while still supporting some of the decent countries left, like Hungary, Poland, Italy. Unfortunately, Germany, France and the UK are too far gone I’m afraid. The globalists have destroyed them by bringing in the Jihadi’s and they keep propping up Zelenskyy.
BTW – Dolly Varden looks interesting to me today. Up over 3% on heavy volume early here today. Kind of bucking the trend.
OOPS! Well it was. 😁
Buygold @ 10:46
We can turn on a dime. Probably be a Knee jerk action down if Trump and Putin make some kind of breakthrough.
Fingers crossed that they do!
EXK – I spoke too soon
Back down.
Ipso
😂
Looks like for the first time in a while the shares don’t want to play with the metals.
Course, there’s a lot of day left.
Buygold @ 9:43
What you say suggests that you think Schiff is a pathological liar! 🙂
D’oh!
Beyond Meat headed to Chapter 11 bankruptcy
https://www.thestreet.com/restaurants/beyond-meat-is-headed-to-chapter-11-bankruptcy
Morning aufever
I saw that, big testimony to the strength of the sector. Not too long ago that would have opened down and would have kept going down.
I’m glad to see it. I look forward to seeing AG’s next batch of earnings as well.