I’ve seen an article where a large amount of silver is used in electronics, and that it is not econmically feasible to reclaim that silver until silver reaches $ 50.00/oz.
Also, it is becoming very evident that supply is not reaching demand, the pace of which is being set by China and India, as they need silver for -—get ready-—electronics production-— and for strategic materials stockpiling.
Not only that, but silver is involved in lots of new and cutting edge technologies, particularly in medicine. With the graying of the Boomers, there’s ya another big sink.
Hell, they’re incorporating it into fabric to eliminate BO. Man, if that catches on, imagine the market in Paris and Riyadh!!