Physical Silver Bullion Continues to Disappear

Silver spot price weakness, especially over this past month of July 2022, has only added to increasing physical silver off-take and demand pressures worldwide. 

Global silver mining supplies are just not keeping up with ongoing demand, so silver is being withdrawn and sold at premiums from places like London and silver COMEX warehouses.

The massive persistent western silver bullion demand and increased silver bullion demand out of India now put enormous pressure on silver warehouses globally.