Is the silver shortage over?

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logger7
logger7 Posts: 9,861 ✭✭✭✭✭
in Precious Metals

https://substack.com/@no01/p-207776479

Or is it due to market manipulation, such as India's import tariff?

"At midnight on the 13th of May, India’s import duty went up 2.5x on gold and silver, from 6% to 15%. At once. This was the biggest single-day hike since 2013."

Comments

  • derryb
    derryb Posts: 38,613 ✭✭✭✭✭
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    as long as buyers can buy what they want there is no shortage. Speculation and anticipation of a shortage drove silver to all time highs. Note that price is now half of that yet supply and availability remain about the same.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • dcarr
    dcarr Posts: 10,259 ✭✭✭✭✭
    edited July 22, 2026 1:08AM
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    What is the status of the refiners ?
    Are they still over-supplied or are they now taking in scrap, sub-999 silver, etc ?

    Moonlight Mint
  • blitzdude
    blitzdude Posts: 7,724 ✭✭✭✭✭
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    Gutter shortage? Lol, most don't even waste their time mining for it. THKS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,219 ✭✭✭✭✭
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    Only shortage is in my stack.

  • toadstrangler
    toadstrangler Posts: 10,034 ✭✭✭✭✭
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    Is silver at $18 yet lolz

    COPPER is gutter !

  • Wingsrule
    Wingsrule Posts: 3,312 ✭✭✭✭
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    Comex inventories have been increasing for awhile.

  • derryb
    derryb Posts: 38,613 ✭✭✭✭✭
    edited July 30, 2026 1:55PM
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    chart indicates a COMEX vault physical silver drain in late 2025 through mid 2026. coincides with much of the climb to silver highs. While supply of silver remained fairly constant during that period, the demand for it (speculation) was at an all time high. reduction of that demand, while the supply of silver remained fairly constant, is the result of decline in demand.

    speculation by both the hoarders and industry is what pushed silver to new highs

    the temporary decline in the availability of silver products was simply a result of speculator hoarding during the same period of rising prices.

    silver supply not the same as silver availabity

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • Azurescens
    Azurescens Posts: 2,907 ✭✭✭✭✭
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    I just resold a silver collection from an estate to a dealer at nearly retail because his business is humming. So while silver may be abundant and easier for some, businesses that have been around for 35 years are having difficulty sourcing. I thought it was a scam until the guy showed up with cash and all the bills were real. I know this is just an anecdote but honestly I was already in the "I overpaid / I'm lucky to break even / what have I done" zone.

    Weird times if nothing else.

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