The reality of silver supply

Every time silver rises, the same argument appears: “at these prices, miners will flood the market”. It does not hold up. We analyse the four structural reasons why mined silver supply does not respond to price — using public, audited data — and what it means for anyone buying physical silver, including the tax factor (4.5% in Andorra vs 21% in Spain).

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What you'll learn in this video

• The argument everyone repeats (and why it fails)
• Why this affects you as a buyer
• Reason 1: 70% of silver is a by-product
• Reason 2: primary mining does not respond either
• What “ore grades” are and why they explain everything
• Reason 3: the regulatory bottleneck in Mexico
• Reason 4: ten years of flat production
• What this means if you buy physical silver
• The tax factor: 21% in Spain vs 4.5% in Andorra

Ready to take the step? Explore our investment silver coins and bars with private service in Andorra.

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Educational content only. Not financial advice or an investment recommendation. Figures mentioned are illustrative examples. All investment carries risk.