Agree with all your comments. Have being doing lots of research...

Agree with all your comments. Have being doing lots of research into gold and silver. Most precious metals experts are tipping silver to significantly out perform gold. Silver has a huge deficit between demand and supply (like about 20%-25%) and the deficit has been high for the last few years and will probably increase a lot - silver price has not moved much since the deficit has been made up from physical silver ETFs selling and delivering silver (probably other sources as well) but that can only continue for so long - silver has amazing fundamental price drivers.

The size of the silver deficit is just incredible. When the deficit can no long be made up from ETF selling the silver price will probably go nuts (no idea when that will happen) and then add to that a possible silver squeeze. It is very difficult to increase silver production as most is a by product of producing other metals. In addition Mexico and Peru production has fallen significantly over the past 10 years and they are the top 2 producers.

It is very difficult to gain exposure to silver stocks on the ASX than gold stocks and most are smallish deposits and most are low grade. Almost no silver producers on ASX except for South 32 and now ADT (but I may be wrong - I am excluding BHPs, RIOs etc). As far as I am aware there are no pure silver stocks on the ASX and very few world wide since silver is mostly a by product from mining other metals. ADT as a producer has probably the highest exposure to silver and it’s is high grade/low cost mine.

A lot of silver production comes from mining copper, zinc and lead mines (examples include, ADT, SLV and others listed on ASX). There are a few stocks on ASX with just gold and silver exposure eg ASL, USL and SS1 and those may perform better than stocks with Zn,Pb and Cu if POS does go up a lot with POG going up as well. SS1 is very low grade (about 0.8g/t AuEq) while USL has a grade of about 1.5g/t AuEq. ASL has about 4g/t AuEq and I expect that to keep on increasing. Others are small deposits or lowish grade.

Very slim pickings on the ASX to get silver exposure. I own ADT and now ASL as they are high grade and reasonably big deposits that look like will grow much bigger especially ASL.