Despite headlines warning of a looming silver shortage, the reality is far more nuanced and arguably more important for investors.
Silver is still available. You can buy it online, over the phone, or store it in secure vaults around the world.
But beneath the surface, the market is becoming increasingly constrained.
In our latest GoldCore TV episode, we explore the structural forces reshaping the silver market. We explain why deliverable silver is very different from reported silver, how paper markets can mask physical tightness, and why investors should understand the difference between COMEX registered and eligible inventories.
We also examine a lesser-known challenge on the supply side. Nearly three-quarters of newly mined silver comes as a byproduct of copper, lead, zinc and gold mining, meaning higher silver prices don't necessarily lead to higher silver production.
The result isn't an imminent shortage of silver. It's a market where the freely available supply is becoming increasingly limited.
About the author
