Silver prices started testing new all-time highs yesterday. And as of writing this, silver is holding right around the $80.
Crazy to think, it was only about three years ago that silver sentiment and price hit lows around $17. Still, even with the massive run silver’s on right now, there’s no rush from the public to even buy a single coin.
So, there are two questions we should be asking…
The first is, when will the mainstream media and general public catch on?
But the second questions is far more important…
With the supply of silver way lower than the current demand, how long before physical silver actually runs out?
Put another way: what happens when the big exchanges can’t deliver the physical metal people are demanding?
Well, it’s already in motion. And there’s a few places we can look.
The first place is the Asian market.
Shanghai holds silver for paper markets in the East. And right now, inventory is down to extremely low levels.
In the US, it’s a similar story.
Physical silver inventories, those registered for trading and not just storage, have also been draining over the past year.
Meanwhile in London, the world’s center for precious metal exchange has been draining since the Fed started hiking rates in 2022. That is, until the beginning of 2025 when they had to pull silver from COMEX in the US and Shanghai just to keep up.
If London is supposed to be the global measure for available physical precious metal, and they’re pulling from everywhere else, that means supply is clearly running low.
Why is supply dropping so low across the world?
Because globally, there’s much more demand for silver than supply. In fact, in 2025 demand outweighed supply by almost 800 million ounces!
The unique thing about silver is that it’s not just a precious metal, it’s a critical metal used in major industries like solar, data centers, and electric cars.
So demand for silver as both an industrial metal and a monetary metal is rapidly increasing. That’s why silver’s price can shoot up so fast.
It’s also why silver supply can disappear, almost over night.
Taken together, these four charts tell a story that price alone still hasn’t fully reflected.
Across Shanghai, COMEX, and London, physical silver inventories continue to move in one direction—down—even as demand quietly accelerates.
Markets can debate sentiment and timing all day long. But when the actual metal is leaving vaults at a rate this fast, that’s a fact. Not an opinion.
Silver doesn’t need everyone to believe in the shortage at once. Silver only needs enough participants to demand delivery at the same time.
That moment is getting closer each and every day.
So what does this mean for you?
Bank of America recently announced they believe silver could reach $135 to $309 an ounce in 2026.
That’s not a small move. That’s potentially a 2x to 4x return from today’s levels.
But here’s the thing most people miss: you can’t buy what doesn’t exist.
When supply finally runs out—and it will—price becomes irrelevant. You simply won’t be able to get it, at any price.
Right now, you’re in a rare window. Silver is still available. The vaults still have metal. And most people still aren’t paying attention.
This is what a generational buying opportunity looks like—not after everyone knows about it, but right before they do.
The question isn’t whether silver will keep rising.
The question is: will you act while it’s still available?
