The Head of Research at SD Bullion James Anderson joined The Silver Trade Insider for an EXCLUSIVE Interview on Silver!
James began by explaining why he originally became interested in silver and the silver market – the interest began at an early age when he found bags of junk 90% silver in his grandparents closet. James’ interest accelerated in 2007-2008 during the Global Financial Crisis – particularly with Ron Paul’s emphasis on SILVER, and the evils of The Federal Reserve.
James breaks down the 2026 Silver Institute Survey & reveals that The Silver Institute EXCLUDES Silver ETF flows from their silver deficit reports!
When you add ETF flows to the silver deficit since 2019- the REAL silver deficit is not 700 million oz – it’s 1.4 BILLION OUNCES!
You have a double dynamic here- industrial demand, AND investment demand!
The ETF market has the potential to be VERY UPSIZED!
Ultimately the ETF demand is what will drive silver into a crazier MANIA down the road – the ETF demand will become OUTSIZED, & will create MULTIPLES in the spot price from where we are today!
We discussed China’s MASSIVE silver imports the past few months-
771 METRIC TONS IN MARCH: CHINA HAS NEVER BOUGHT SILVER IN THIS SIZE!
China’s silver imports were so large in March that if you look at the TALLEST bars prior- it’s ALMOST DOUBLE that!
China imports ~250 tons of silver on an average month, and this was 771 metric tons!
Arguably could be TRIPLE the amount!
Hong Kong’s latest data was also GIGANTIC! Most of Hong Kong’s imports ends up going to China, and the last data entry shows Hong Kong ALSO imported 759 TONS of silver!
Hong Kong’s number is also AT LEAST DOUBLE any prior import record!
ETF DEMAND WILL DRIVE SILVER INTO A MANIA & WILL CREATE MULTIPLES IN THE SPOT PRICE FROM TODAY!
James asserts that it will be a combination of silver’s industrial demand & investment demand that will ultimately fuel silver’s move to MULTIPLES of where it trades today.
You will see the momentum phenomenon again- silver will become a momentum trade again.
James ultimately sees TWO more BIG runs for silver in the months and years ahead- with the MANIA phase potentially sending silver to FOUR FIGURES if the US Dollar is under real pressure!
We’re moving into a COMMODITIES SUPERCYCLE- this is going to stretch into the NEXT DECADE!
James maintains that SILVER WOULD ALREADY BE $375 TODAY if it weren’t for ONE SINGLE ENTITY…
This is an episode of The Silver Trade Insider you DON’T WANT TO MISS!
Miss last week’s SilverTrade Insider with Rafi Farber?
Catch up below!
