Maybe you are forgetting about the 1 billion ounces of silver produced each year. Supply easily meets demand. Lot of silver floating around.
When someone dies all their silver gets added back to supply.
No a billion ounces is not produced each year!
About 700 million is produced and the rest was already produced but recycled!
Both production and scrap was down last year but somehow they keep adding more to the silver institute's #'s being produced!
All you have to do is some math and look up the co's that produce it to see!
The biggest one was down millions by its self!