https://www.401krollover.com/worldwi...leted-by-2025/
https://www.mining.com/silver-market...pply-deficits/
https://www.silverinstitute.org/wp-c...urvey-2024.pdf
"Silver’s supply-demand conditions, meanwhile, are expected to have another
very strong year in 2024. Robust gains from photovoltaic applications and
decent performances in other segments are expected to see industrial
demand reach a new all-time record. An uptick in discretionary spending and
restocking should boost jewelry and silverware demand, driving y/y rebounds
in both demand segments. All this should more than offset the declines we
expect in bar and coin investment, for reasons touched on above. Crucially,
supply will continue to stagnate, with a marginal decline forecast for the year.
This will drive the market deficit up by 17%, to 215.3Moz (6,695t) for the year."