Call me shocked

This is based on 702 tracked silver products from APMEX updated 5-6pm CST. To see an explanation on how this information is retrieved refer to the 'How we compile the daily silver stock trends' section on the BullionStats.net site. There you can find data going back as far as 11/15/25 on inventory or silver premium trends

Total oz purchased since tracking started 11/15/25: 5,899,611.12

Total in-stock oz tracked: 621,256.9

Tracked oz added (24h): 3,742.97
Tracked oz removed (24h): 10,092.59

Number restocked since OOS: 3
Number now out of stock: 2

Top 15 cumulative oz sold for tracked products:
1. 2,336 oz: 1 oz American Silver Eagle Coin BU (Random Year)
2. 1,626 oz: 1 oz Silver Round - Morgan Dollar Design
3. 1,060 oz: American Silver Eagles (Random Year, 20-Coin MintDirect® Tube)
4. 882 oz: 1 oz Silver Round - Secondary Market
5. 500 oz: 100 oz Cast-Poured Silver Bar - 9Fine Mint
6. 430 oz: 10 oz Silver Bar - APMEX
7. 361.1 oz: 90% Silver Roosevelt Dimes 50-Coin Roll BU
8. 240 oz: 10 oz Silver Bar - 2026 APMEX Year of the Horse (Series 2)
9. 232 oz: 1 oz Canadian Silver Maple Leaf Coin BU (Random Year)
10. 215 oz: Coca-Cola® 1 oz Silver Polar Bear Round
11. 163 oz: 1 oz American Silver Eagle (Cull, Damaged, etc.)
12. 135 oz: 1 oz Silver Coin - Random Mint
13. 134 oz: 1 oz Silver Bar - Secondary Market
14. 110 oz: 10 oz Silver Bar - APMEX (Stackable)
15. 107 oz: 2026 1 oz Silver American Eagle (MD Premier + PCGS FirstStrike®)

There is a wrinkle in the silver demand story that deserves more attention

The Silver Institute reported industrial demand fell 3% in 2025 to 657.4 million ounces

AI infrastructure, vehicles and power grids helped demand. But solar manufacturers were also cutting the amount of silver they use and substituting other materials

So you can have more solar installations without getting the same increase in silver consumption

That does not kill the silver case. The Institute’s April outlook still forecast a 46.3 million ounce market deficit for 2026

It does mean the demand argument needs more than a chart showing solar growth

For me the question is how quickly manufacturers can reduce silver use compared with how quickly production of panels grows. Investment demand matters too, especially when industrial demand is softer

A deficit and weaker demand in one major use can exist at the same time

How much weight do you put on substitution when looking at silver over the next few years?

https://silverinstitute.org/elevated-lease-rates-regional-liquidity-tightness-and-robust-investor-interest-resulted-in-record-silver-prices-in-2025/

In this White House video, Trump says:

“If the Republicans win, you will each have $5,000 in your pocket”

Apparently, fiscal responsibility has a campaign-season blackout period.

The libertarian objection is straightforward: the public treasury should never become a political party’s campaign wallet. Letting people keep more of what they earn is a sound principle. Making a government payout conditional on your party winning deserves scrutiny.

And before anyone starts spending their imaginary check: where does the money come from?

The Committee for a Responsible Federal Budget estimates the proposal would cost $1.2 trillion. It also points out that tariff revenue is already included in budget projections; counting it again doesn’t magically pay for new spending.

Show us the spending cuts. Show us the financing. Show us the legislation.

Calling something a “dividend” doesn’t answer any of those questions.

Is it legally bribery? That is disputed. The promise covers all adult citizens regardless of how they personally vote, which supports the argument that it is protected campaign speech. Other legal analysts argue that Trump’s claimed ability to distribute the money himself, while conditioning it on Republican victories, raises serious vote-buying concerns.

We don’t need to pretend that dispute is settled to question the underlying proposition.

For a community interested in silver and sound money, the distinction between dollar promises and actual production should matter. Announcing checks doesn’t automatically produce more housing, energy, food, or silver.

You can promise $5,000 in a 33-second video. You cannot bring a silver mine into production that way.

Apply the same standard to either party: smaller government, accountable spending, and no treating public money as a personal gift from the president.

If your opposition to government handouts disappears when your team offers one, what happened to the principle?

Waited all year for this addition

Stackers hold the FUTURE in OUR hands. Keep Stacking!

This is based on 702 tracked silver products from APMEX updated 5-6pm CST. To see an explanation on how this information is retrieved refer to the 'How we compile the daily silver stock trends' section on the BullionStats.net site. There you can find data going back as far as 11/15/25 on inventory or silver premium trends

Total oz purchased since tracking started 11/15/25: 5,889,518.53

Total in-stock oz tracked: 627,606.53

Tracked oz added (24h): 17,304.85
Tracked oz removed (24h): 5,713.26

Number restocked since OOS: 5
Number now out of stock: 0

Top 15 cumulative oz sold for tracked products:
1. 3,140 oz: 2026 1 oz American Silver Eagle Coin BU
2. 340 oz: American Silver Eagles (Random Year, 20-Coin MintDirect® Tube)
3. 160.75 oz: 1 kilo Silver Bar - Secondary Market
4. 140 oz: 2026 1 oz Silver Eagles (20-Coin MD Premier + PCGS FS® Tube)
5. 132 oz: 1 oz Silver Bar - Secondary Market
6. 130 oz: 10 oz Silver Bar - 2026 APMEX Year of the Horse (Series 2)
7. 120 oz: 1 oz Silver Round - Morgan Dollar Design
8. 115 oz: 5 oz Silver Bar - APMEX
9. 100 oz: 100 oz Cast-Poured Silver Bar - 9Fine Mint
10. 85 oz: 1 oz Canadian Silver Maple Leaf Coin BU (Random Year)
11. 70 oz: 10 oz Silver Bar - APMEX
12. 70 oz: 10 oz Silver Bar - APMEX (Stackable)
13. 70 oz: 5 oz Cast-Poured Silver Bar - 9Fine Mint
14. 50.27 oz: 1878-1904 Morgan Silver Dollar BU (Random Year)
15. 50 oz: Coca-Cola® 1 oz Silver Struck Round

A quarter has two different values:

• Face value: its denomination—25 cents.
• Commodity value: the market value of the metal inside it.

The number stamped on a coin doesn’t put a ceiling on what its metal is worth.

That distinction explains what happened to American pocket change in the 1960s.

The government gave both quarters the same spending value. Their metal content was very different.

Now imagine the silver inside your old quarter is worth more than 25 cents. A shop will accept either quarter for the same purchase.

You spend the clad quarter. You keep the silver quarter.

Congratulations. You understand Gresham’s Law.

“Bad money drives out good” means out of ordinary circulation. The more valuable money gets saved, traded at a premium, or diverted to other uses.

The crucial condition is that the two are accepted at the same face value despite their different market values. People preserve the difference instead of handing it away at the checkout.

So why did Washington change the coins?

Industrial demand, including photography, electronics and batteries, was growing alongside demand for coinage. Treasury silver stocks were being drawn down to meet demand and restrain the silver price.

The Coinage Act of 1965 removed silver from new dimes and quarters and reduced half dollars from 90% to 40% silver. Regular half dollars switched to copper-nickel clad in 1971.

This was a physical supply problem as well as a monetary one.

Treasury sold silver at roughly $1.29 per troy ounce. At about $1.38, the silver in the old dimes and quarters equaled their face value. Above that, spending them at face value meant giving away metal value.

In July 1967, Treasury ended its fixed-price sales. Silver rose above that threshold. The incentive to pull silver coins from circulation became unmistakable.

The silver shortage helped drive the redesign. Gresham’s Law explains why people preferred to spend the replacements.

Ape didn’t need a PhD. Ape needed two pockets.

And today? Industry, stackers and silver ETFs still want the same metal.

The 1960s showed that the U.S. could not indefinitely sustain its silver coinage and growing industrial demand under the existing price policy.

Today, silver investment and industrial demand can coexist because industry calls for delivery and investments can be rehypothecated to serve national security interests. As long as everyone plays their part, never forces delivery and roll over positions for cash, the gaslighting can continue.

Sources:

• Gresham College: the condition behind Gresham’s Law
• U.S. Mint: the 1965 coinage change
• New York Fed: contemporary account of U.S. silver policy, August 1967
• iShares Silver Trust prospectus

This is my personal ASE collection. It's my prized possession! I need to collect more, I need motivation though! It's so hard to stack at 60 an oz 😭🤣.

This is based on 702 tracked silver products from APMEX updated 5-6pm CST. To see an explanation on how this information is retrieved refer to the 'How we compile the daily silver stock trends' section on the BullionStats.net site. There you can find data going back as far as 11/15/25 on inventory or silver premium trends

Total oz purchased since tracking started 11/15/25: 5,883,805.27

Total in-stock oz tracked: 616,014.93

Tracked oz added (24h): 0
Tracked oz removed (24h): 4,577.85

Number restocked since OOS: 0
Number now out of stock: 2

Top 15 cumulative oz sold for tracked products:
1. 1,350 oz: 10 oz Silver Bar - 2026 APMEX Year of the Horse (Series 2)
2. 995 oz: 1 oz American Silver Eagle Coin BU (Random Year)
3. 397 oz: 1 oz Silver Round - Secondary Market
4. 385.8 oz: 1 kilo Cast-Poured Silver Bar - APMEX
5. 220 oz: 1 oz Silver Bar - Secondary Market
6. 148 oz: 1 oz Silver Round - Morgan Dollar Design
7. 90 oz: 10 oz Silver Bar - APMEX
8. 80 oz: American Silver Eagles (Random Year, 20-Coin MintDirect® Tube)
9. 64.4 oz: 90% Silver Franklin Halves $10 20-Coin Roll Avg Circ
10. 53 oz: 2026 1 oz American Silver Eagle Coin BU
11. 40 oz: 10 oz Silver Bar - Secondary Market
12. 38.67 oz: 1878-1904 Morgan Silver Dollar Cull (Random Year)
13. 32.15 oz: 1 kilo Silver Bar - APMEX (Stackable)
14. 32.15 oz: 1 kilo Silver Bar - Secondary Market
15. 28.62 oz: 1878-1904 Morgan Silver Dollar AU (Random Year)

Empire apparently had a customer-service department. It came with cannons.

Behind the flags sit trade privileges, bullion flows, and financing arrangements. How much of that commercial logic survives when geopolitical leadership changes?

Swipe through. Bring receipts. 🦍🧾

Sources:

• Silver, opium, and British trade — National Army Museum
• American trading privileges in 1844 — U.S. Capitol Visitor Center
• The 1895 Morgan–Rothschild syndicate — German Historical Institute

In 1729, Franklin argued for expanding Pennsylvania’s paper currency. In 1731, he secured the contract to print its notes. The man eventually pictured on the $100 bill had been in the money-printing business himself.

His argument was practical: gold and silver were leaving the colony through trade with Britain, making local transactions harder. Paper currency could keep commerce moving. Pennsylvania’s system used land-secured loans and acceptance of notes for taxes to support their value. Source: Philadelphia Fed.

Franklin was building on a much older idea. China’s Song government issued paper money in the 1020s, and Massachusetts issued its own in 1690. Columbia University | U.S. Currency Education Program.

There’s also a distinction between paper money and fiat money. Paper can represent a redeemable claim on gold or silver. Fiat currency carries no such commodity-redemption promise. The printing technology can serve either system. Source: St. Louis Fed.

That’s the part worth thinking about: we developed ways to reproduce monetary tokens far more easily than we could produce the physical things they purchase.

Silver still requires mining, recovery, and refining. Changing the number on a note doesn’t add an ounce to the pile.

Ben could print money. He couldn’t print silver.

When we talk about creating “more money,” how often do we confuse that with creating more of what money buys?

Furthermore, a lot of that silver is lost and used. It just doesn't make any sense to me. What am I missing?

This is based on 702 tracked silver products from APMEX updated 5-6pm CST. To see an explanation on how this information is retrieved refer to the 'How we compile the daily silver stock trends' section on the BullionStats.net site. There you can find data going back as far as 11/15/25 on inventory or silver premium trends

Total oz purchased since tracking started 11/15/25: 5,879,227.42

Total in-stock oz tracked: 620,592.78

Tracked oz added (24h): 0
Tracked oz removed (24h): 2,177.56

Number restocked since OOS: 0
Number now out of stock: 5

Top 15 cumulative oz sold for tracked products:
1. 372 oz: 1 oz Silver Round - Secondary Market
2. 128.6 oz: 1 kilo Silver Bar - Secondary Market
3. 102 oz: 1 oz Silver Round - Peace Dollar
4. 100 oz: 10 oz Silver Bar - APMEX
5. 100 oz: 2026 1 oz Silver Eagles (20-Coin MD Premier + PCGS FS® Tube)
6. 95 oz: 1 oz American Silver Eagle Coin BU (Random Year)
7. 80 oz: 10 oz Silver Bar - 2026 APMEX Year of the Horse (Series 2)
8. 80 oz: 10 oz Silver Bar - APMEX (Stackable)
9. 78 oz: 2026 1 oz American Silver Eagle Coin BU
10. 70 oz: 10 oz Silver Bar - Secondary Market
11. 65 oz: 1 oz Silver Bar - Secondary Market
12. 62 oz: 1 oz Silver Round - Aztec
13. 50.09 oz: 90% Silver Walking Liberty Halves $10 20-Coin Roll Avg Circ
14. 44 oz: 2026 1 oz Silver American Eagle (MD Premier + PCGS FirstStrike®)
15. 42 oz: 1 oz Silver Round - Morgan Dollar Design