Palisades Gold Radio · Thursday, July 9, 2026
Dr. Nomi Prins highlights a significant supply gap in silver, driven by consistent demand for industrial and solar uses, despite recent paper selling depressing prices. She identifies pure-play silver miners like Aya Gold and Silver and First Majestic as having value, with costs of production around $20 per ounce making them profitable even at current lower silver prices.
“So silver, for example, is one of the biggest opportunities because it's been most depressed, most quickly by a confluence and a very high volume and numbers of paper trading of ETFs, of futures, hedge funds moving silver with the headlines by AI algorithmic methods and then program trading coming in and recreating those headlines because the price goes down.”
“There is a significant supply gap in silver. The actual supply gap is in its now six year, following five years of deficits of silver supply again into current demand.”
“Their cost of getting out of the ground is like $20. Even with silver at 60, they're making money. Of course, with 60, 20, they're making much more money. No one's going to stop if their cost is 20 and silver is at 60.”