>>61074309
Question for the group:
Picrel was taken from silverinstitute.org. I know everyone says that we're in a deficit regarding silver supply-demand, but their data makes me think otherwise.
If we exclude recycling from the supply, only looking at what was dug up out of the ground, and also exclude jewelry & investment & silverware from demand (easily recycled, not "consumed" like in industry), then we're not really in a deficit. We're in a surplus. The amount that is held aboveground is increasing.
Thoughts?