Rad Anon (@Rad_Anon)

HIGHER SPOT PRICES ARE UNABLE TO MOTIVATE GREATER SILVER PRODUCTION. Mexico & Peru together account for 50% of the world's silver production, & with both countries having production LOWER than normal, the 6-year Silver Production Deficit will not be remedied any time soon. Mexico is having declining ore grade quality, which raises production costs. Miners in Peru can not get enuff FUEL to maintain normal ops, due to Hormuz difficulties. . . . And since 70% of all silver production is a BY-PRODUCT of other base metals (copper, zinc, & lead), those base metal producers have zero incentive to increase over-all production, since they ff-load all the silver they get to a streaming company at BELOW SPOT PRICES ANYWAY - eg: Osisko Royalties (OR) gets all the silver produced at Antofagasta in Chile, the world's largest copper mine, for (75%) BELOW Spot. There is zero correlation between increased silver bullion production & higher spot, meaning that HIGHER SPOT PRICES ARE UNABLE TO MOTIVATE GREATER PRODUCTION. . . . With the largest industrial users of silver making private deals with the miners, the shortfall will probably hit retail investors the hardest. https://www.youtube.com/watch?v=X4k8XKxiLQU