Silver's supply shortfall should ultimately help drive its price higher. A commenter cites a projected 46.3 million-ounce deficit in 2026, the sixth consecutive annual shortfall. Supply should remain tight in coming months, though negative trading and fear of further losses are driving investors to sell for now. x.com  x.com 

Silver's supply cannot keep up with demand. It has run a structural deficit every year since 2021, with demand exceeding supply by 100-250 million ounces annually. Industrial demand hit a fourth straight record of 680.5 million ounces in 2024, up 39% from 2016, driven by solar panels, EVs and AI hardware. About 70% of silver is mined as a byproduct of copper and zinc, so supply cannot simply respond; the 2021-2025 deficit totals about 796 million ounces, roughly 25% of a year's mine output. … Show more

Rising oil worsens inflation and puts Fed rate hikes back in focus, making non-yielding gold and silver less attractive. Investors are also selling metals to meet margin calls. An estimated $1.83 trillion in combined value was wiped out over recent sessions; both metals remain under pressure as long as oil keeps rising and rate-hike expectations stay high. x.com 

The earlier FX-reserve drain suggests silver is likely to stay trapped until the Fed capitulates if austerity does not arrive. In 1972-74, the correction was 44%, followed by an 18-month trap. A long position after quarters without one remains tentative; austerity would mean exiting or reversing. x.com 

Silver is the next leg of the falling-value-of-money trade and is about to rip, because its freely tradable market has become so thin that a handful of buyers can move it violently. Its borrowing cost spiked from under 1% to nearly 40% in a week. What thinned it isn't reversing: the US Treasury stockpile hit zero in 2002, photography demand has already shrunk, and byproduct mining can't respond. Against the money supply, gold is back to 42% of its 1980 level but silver only 11%. x.com 

Silver's predicted third sell-off is well advanced, and an AI-induced bust could drag it lower first, though there is a small chance it is near its last local low. Longer term, the falling wedge will likely resolve as an upside continuation pattern. @DonDurrett expects sub-$60 silver and sub-$4,000 gold as Chinese appetite fades, with the correction likely not over. x.com  x.com 

Washington's debt makes energy stocks, silver and Bitcoin worth owning as things it cannot print. Debt is $40.4 trillion after a $2.4 trillion annual increase; interest is $1.05 trillion. Energy firms keep paying dividends despite pension-fund selling. Silver requires patience; Bitcoin's supply is capped at 21 million. Oil stocks fall when oil crashes, silver can stagnate for a decade and Bitcoin can halve. A $10 million-$20 million Bitcoin price in 2046 is a working hypothesis, not a promise. … Show more

Silver is a quiet AI infrastructure play because AI's massive power demand runs through data centers, grids and solar, all of which need silver's unmatched conductivity. Solar paste is the biggest driver, as utilities build solar to meet AI power needs, while grid switching, transformers, connectors and EVs, which use 2-3x more silver than combustion cars, add demand. Silver is a tiny cost per unit but essential at scale, so demand is inelastic, and if supply lags, the price spikes. x.com  x.com  … Show more

Silver's bearish signal is the huge number of likes on Rashad Hajiyev's $200 call, pointing instead to $20 over the next three years. The final low is due in late 2029 to early 2030 under the dominant seven-year cycle, whose lows came in 2001, 2008, 2015 and 2022; the 2020 Covid low was an anomaly, not a four-year cycle. x.com  x.com  x.com 

Silver has unlimited upside because its supply is limited while almost every technology needs it, from drones and chips to solar. It is in a long-term secular trend, and even $1,000 would not hurt that demand. AI's buildout is short of copper, silver and energy after years of underinvestment, which forces a period of commodity inflation. Moves will be episodic and violent: the fall from $120 to around $60, now $78, was not a bubble bursting, and sellers who exit early get another chance. … Show more