Silver: The Shortage Story Splits in Two
🔹Physical silver shortage hits London, and it’s getting serious.
🔹Lease rates in London have exploded to 39%, a full-blown panic signal.
🔹If banks can’t find the metal, they’ll be forced to buy back futures or deliver actual silver - both actions that could ignite a violent price surge.
In India, the crunch is different.
🔹It’s not a hedging blow-up, it’s a demand–supply squeeze.
🔹Imports are restricted till Mar’26. Silver ETFs trade at premiums. Jewelers and refiners are running low on stock. Dealers are rationing deliveries.
So globally, we’re watching:
🔹London’s paper silver crisis
🔹India’s physical scarcity + policy bottleneck
🔹Different causes, same consequence - tightness in physical silver that can reprice the entire market.
Is it still worth buying at the current price?
I’d say so. I just bought silver last Thursday at $49 something an ounce. Just saw it was at $52. That’s huge in only a couple business days.
Probably but I would average in over time. I've been buying PSLV and silver miners lately,they are much easier to buy and sell. I haven't bought physical since it was 25.
I think I bought all mine around that price which is why I'm not excited to buy more at double the price.
I want to keep my shiny as long as I can,and take profit with the PSLV and miners,if i can.