Silver's Rising Star: Mining Industry Ramps Up as Supply Crisis Deepens
2024 Setup. As Silver Supply Sinks, Prices Skyrocket. Outcrop Silver & Gold. Advancing the High-Grade Santa Ana Silver.
by Pixy St. Claire
Silver Surge: Unraveling the Supply Crisis and Investment Opportunities
The latest findings from The Silver Academy have ignited a spark and spike in the silver investment sphere (unveiling a looming surge in demand and mounting concerns over the dwindling supply.)
Here are some intricate details and critical takeaways that could reshape the silver market and influence prices in the coming days, weeks, and months ahead.
The Silver Supply Conundrum: Running on Fumes
Recent reports from the Silver Academy have sent ripples to shockwaves through the market, particularly shedding light on significant supply deficits.
Since October 2023, The Silver Academy has been on a mission, producing articles showcasing the monstrous supply deficits, causing a stir on social media platforms. But let's cut through the complexities and dive into the essential insights, exploring what these revelations mean for silver enthusiasts and the market's trajectory.
Decoding the Shifts in the Silver Market
The Silver Academy's recent update spotlights a decline in total silver supply attributed to production losses at significant mines, notably the Penasquito mine. Simultaneously, non-investment demand has surged, fueled by a revelation that the lion's share of silver usage has never been officially documented.
From military applications and aerospace technologies to electric trains, robots, and quantum conductors, the industrial demand for Silver is soaring to unprecedented levels.
We're learning that the demand for jewelry and silverware stayed about the same (year over year)
Jewelry is an excellent way to consume Silver, especially on the monetary side; it's more symbolic of nations like India, Turkey, China, Korea, and Japan (Asia, Africa, Europe, Latin America, Russia) trusting Silver and Gold as a store of wealth and a spirited way to give meaningful gifts in cultures that are more mindful of Silver's use in history as one of only two reliable stores of wealth.
Another bullish silver story brews in booming industrial demand, particularly in The military, Aerospace, Robots, AI, Power Plants, Trains, Solar and Hydrogen Fuel Cell Energy (Silver 90 times cheaper than Platinum and just as effective in catalysts)
This isn't a Silver Shortage.
This is a Silver Shortage Crisis.
Total silver mine production is now at its second-lowest in a decade, signaling an undervaluation of Silver in the market. As mine supply shrinks, industrial demand skyrockets, delivering a clear message: the current silver price does not align with market realities.
Crunching the numbers, a mere 123 million ounces remain for silver investors after accounting for non-investment demand. This limited silver pool, valued at less than $3 billion, raises eyebrows in a world where trillions circulate in investment markets. The stark reality is that the pool available for investors is just a fraction of the total Silver produced.
Meanwhile, there have not been any remarkable new Silver discoveries. (Except by Blackrock Silver, Hercules Silver, Summa Silver, Outcrop Silver & Gold, and a measly handful of others)
Silver's Dual Demand: An Investment Opportunity
Is Silver the Shape Shifter, or does Silver have an evil twin?
Silver's unique position as both an industrial commodity and an investment asset makes it a captivating player in the market. While industrial demand remains exploding, the key to the silver market's future is appropriately recording and documenting investment and industrial demand.
In history, when Silver spikes, most are in environments where Silver is more treasured monetarily, and BRICS' departure from the US dollar is the most enormous tailwind for Silver. Also, when you factor in initiatives like the Transition to NetZero (which is more dependent on Silver and Copper than any other mineral), it's possible to experience a Silver price north of $45 by the end of 2024.
The only thing holding it back will be that the paper traders (silver stealers) will continue their dastardly tricks until their efforts and stunts are finally exposed, and that time is just months away (we think)
Silver on the Brink of Extinction?
According to Jon Forrest Little at silverseek.com, Silver is on the Brink of Extinction. Despite persistent COMEX silver price setting, a deepening physical shortage cannot be ignored. The clock is ticking, and the silver market is pivotal. The Silver Institute's bullish data adds weight to the argument that higher silver prices are not a matter of if but when.
Price vs. Reality: A Silver Market Divergence
Last week's silver price action may have seemed turbulent, but focusing on market dynamics is crucial. The monthly silver price chart suggests an epic secular breakout, halted abruptly in early December.
Then this happened yesterday.
Unfortunately, World markets still hang on the lies spewed by Fed Gunsel in Chief Chair Jerome Powell. Meanwhile, the villagers seek comfort in one another, huddling and stacking Silver together (praying that one day we will be rid of this hideous monster named Jerome). He has morphed from a hawkish creature to a devilish creature. Meanwhile, you can hear the Satanic incantations from the pews of the parasitic parish in the Cantillon Cathedral of Money Worship.
The Cantillon Cathedral of Money Worship doctrine dictates that printing money doesn't raise prices equally. Those who get it first benefit most, spending before prices adjust. This uneven inflation can distort prices and resource allocation, favoring early recipients and potentially harming those at the end of the money chain.
In short, new money inflates prices differently, giving advantages to those who get it first and potentially hurting those who receive it later.
This contrast between paper market games and the physical silver market, where a supply shortage is already evident, emphasizes the impending shift. The 'powers that be' are aware of the silver supply shortage, and as small investors, it's wise to give time and space for the physical market to assert its influence.
Silver Surge Awaits: A Ticking Time Bomb
Amidst the intricate dance of the paper market, a silver supply shortage looms as a ticking time bomb. Regardless of COMEX price manipulation, the law of supply and demand will ultimately prevail.
As we edge closer to a true silver supply shortage crisis, the silver market's true potential awaits, poised to reshape price dynamics and elevate Silver to new heights.
The silver shortage narrative goes beyond mere market data; it's an exhilarating tale of a market where investors wake up That Silver is on The Brink of Extinction, giving today's investors a once-in-a-lifetime opportunity.
The lingering question is not whether but when this will translate into the long-overdue silver surge, unlocking new opportunities for savvy investors. Stay tuned for the unfolding chapters in the silver market saga.
Pixy visits with Outcrop Silver & Gold CEO Ian Harris