2 responses to “Shanghai Silver Accounts”

1. 

   Mary

   February 14, 2026 at 4:14 pm

   Lots of assumption in this analysis. I’m not an expert in mining, but I do know the oil industry as an analog. When oil prices go up, recoverable reserves go up because more expensive technologies can be deployed and more marginal deposits become feasible.

   1. 

      David DeGerolamo

      February 14, 2026 at 6:32 pm

      I did not see any assumptions that were not valid. As for your oil analogy, there are no silver mines even identified at this point that could be started. The minimum assessment once a mine is identified and the environmental approvals acquired is at least five years before silver is sold. More likely 7-10 years. The only alternative is to mine asteroids or find an alternative to silver.