Wall Street Silver

@WallStreetSilv ↗

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Last Checked Dec. 10, 2022

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Tue Dec 06 18:00:44 +0000 2022

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Wall Street Silver @WallStreetSilv

Global mine supply of #silver is flat to slightly declining. The easy to mine silver is mostly depleted. Not enough spending on developing new mines. The demand for silver is increasing. Solar, electronics, EVs, etc. At some point, the math doesn't add up. Supply crunch. 🔥🔥 — PolitiTweet.org

Posted Dec. 6, 2022

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Wall Street Silver @WallStreetSilv

@RananTarses It means that the demand is higher than what the global mines are producing each year. The supply gap is currently being met by above ground silver in vaults, usually those 1,000 oz silver bars in Comex or LBMA vaults. There are probably several hundred million oz in ETFs also. — PolitiTweet.org

Posted Dec. 6, 2022

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Wall Street Silver @WallStreetSilv

Source: @SilverInstitute @MetalsFocus https://t.co/aMXXxJxfrF — PolitiTweet.org

Posted Dec. 6, 2022