Thanks for the detailed breakdown, Chris — this really helped clear up a lot of confusion I’ve had about silver’s behavior over the past decade.
It’s easy to assume that more QE and low interest rates should have automatically pushed silver higher, but your explanation about the disconnect between the futures market and physical demand really puts it into perspective. The comparison to a hypothetical silver standard was also a helpful way to frame it — especially when thinking about long-term investor expectations versus actual monetary structure.
Also interesting to see how mine supply outpaced demand during that time — I hadn't looked at the older World Silver Survey data that way before. It’s kind of wild to think we’re now in the opposite position, where deficits are growing even without major investment flows.
Looking forward to watching the video you mentioned. Appreciate the way you break these topics down for both seasoned and newer silver investors.
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Why The Silver Price Declined During A Decade Of QE And 0% Interest Rates
Thanks for the detailed breakdown, Chris — this really helped clear up a lot of confusion I’ve had about silver’s behavior over the past decade.
It’s easy to assume that more QE and low interest rates should have automatically pushed silver higher, but your explanation about the disconnect between the futures market and physical demand really puts it into perspective. The comparison to a hypothetical silver standard was also a helpful way to frame it — especially when thinking about long-term investor expectations versus actual monetary structure.
Also interesting to see how mine supply outpaced demand during that time — I hadn't looked at the older World Silver Survey data that way before. It’s kind of wild to think we’re now in the opposite position, where deficits are growing even without major investment flows.
Looking forward to watching the video you mentioned. Appreciate the way you break these topics down for both seasoned and newer silver investors.