You don't read and comprehend very well do you?
I said that it is fact t that there are now only 3-8 Ozs of in-ground Ag to every in-ground Oz of gold UNLESS they find a lot more somewhere. And that is FACT.
As for supply deficits the world added a further 493GW of solar output in 2024, and increase, over 2023 of 23%. 1 GW of solar panels requires a minimum of 700000 Ozs of Ag.
This year is expected to see a similar increase of additional solar output, over 2024, meaning an additional 700GW will be added. 700000 x 700 = 490000000 Ozs of Ag will be required in 2025 just for solar panel manufacture
The Silver Institute whose largest members, are the bullion banks, have deliberately mislead the world on silver supply and deficits for years.
That, is why Daniel Ghali of TD Securities raised the alarm last April, and again last month, about the coming collapse of LBMA silver float, that will have far reaching implications for industry, and obviously price.
Silver is about to break through the USD33-35.0000 congestion zone. It will then rocket to USD42.0000 before taking a breather on the way to USD50.0000. Once that level is cleared USD100.0000 is guaranteed within months.
Physical Ag is already selling at a premium in Shanghai, above USD35.0000. We could break USD35.0000 any day from now,
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