2022 Silver Market Headed for Biggeset Deficit in Decades

The financial world learned last week that the global silver market in 2022 is headed for its biggest supply deficit in decades. Silver supplies are shrinking to meet outsized demand.

The Silver Institute made headlines stating that worldwide silver demand is on track to eclipse 1.2 billion ounces in 2022, up an additional +16% from already historically high levels reached last year in 2021.

Here we will dig into some of this all-time high silver demand data, as well as news related to record high price inflation ongoing and the breakneck speed at the fiat Federal Reserve and central banks around the world are testing and launching their fiat Central Bank Digital Currency programs.