World Silver Production vs Demand

Production by
Continent & Country
World Silver Production vs Demand
Total All Countries - 1000 on
Extraction
& Depletion

World Gold Production
World Silver Production

ANNUAL PRODUCTION

1000 on
1000 on Log
1835 on
1835 on Log

CUMULATIVE PRODUCTION

1000 on
1000 on Log
1835 on
1835 on Log

PRODUCTION vs PRICE

ANNUAL VALUE

1835 on
Log
Cumulative
Cumulative Log

STOCK-TO-FLOW

ANNUAL CHANGES

Annual changes in total silver stock = silver inflation rate

Annual changes in mining production

Total Mine Production vs Total Demand

Demand Less Production Shows Shortfall
Note that since 1950 - over the last 70 years
Almost 1,400,000 tonnes has gone into demand with 1,032,000 tonnes of this having come from production
This leaves a shortfall of 367,000 tonnes which has come from CB sales, stockpiles & scrap
This deficit equals approx 15 years production

Silver/Gold Mine Production Ratio

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