Loading ...i think you’re right, the silver that leaves the exchanges will not return. what will relieve the shortage is increased production, and that will not be quick. the silver mining companies have (and will find) large inventories of in ground silver which was not economic to produce at, say, $25/toz. those mineral deposits will become economic to produce as the price rises. the mining companies, however will mobilize those deposits over spans of years, not weeks.
i believe production will respond to rising prices and remedy the shortage, slowing the price rise, and perhaps even reversing it (in terms of 2025 dollars). i am 81 years old. i am not sure i will live to see it. my children may.
if this physical shortage is real (as it seems to be), this bull market in silver will not be a flash in the pan. increased production will curb the rise in price at higher (perhaps MUCH higher) levels, but not soon. years. decades??