Thanks for this one, makes sense. This speed of this rally also waisted a lot of shorters which had to forcebuy. It's a trick, although it's still better money than fiat ;)

Apologies for the summerizer but its more concise than I could've been: Silver has been in a structural supply deficit for seven consecutive years, with cumulative shortfalls reaching nearly 800 million ounces since 2021, according to Sprott’s Silver Investment Outlook. This persistent imbalance ...

I belive the current silver rally is organic demand based + the rehypothecation bluff finally got called.