Supply and Demand Report

Our Supply and Demand Report is an ongoing discussion about the fundamental and speculative forces driving gold and silver prices, based on our view that analysis of price spreads can often reveal more about the supply and demand balance in the market than just looking at price movements. For an explanation of our approach and a guide to understanding the terminology and graphs, see Introduction to the Monetary Metals Supply and Demand Report.

To receive the Supply and Demand report directly in your inbox every time its published, complete the inquiry form on the right.

Recent Reports

Monetary Metals® makes some of its Supply and Demand Reports publicly available, but you may be interested in registering to view our premium Supply and Demand Reports. Our recent basic reports are listed below. View all of our basic reports here.

Supply and Demand Report Silver Fever, or Silver Fading? - We finally had a resolution, of sorts, in silver. Since April 13, we have had a falling price of silver (indicated as a rising price of the dollar, as measured in silver). And along with this price trend, a growing scarcity of the metal to the market (i.e. the cobasis, the red line). Indeed, the […]
Supply and Demand Report Silver Update: Scarcity Gets More Extreme - Listen to the audio version of this article here. Since our last silver article, the price of silver has dropped. With due respect to Frederic Bastiat, the price is the seen. The basis mostly goes unseen. We will take a look at the market data, revised for a few more days of trading. Warren Buffett, […]
Supply and Demand Report The Silver Phoenix Market - Listen to the audio version of this article here. The price of silver hit a peak over $26.50 on March 8. It spent about a month and a half breaking down, and then the bottom fell out. It’s currently down from that peak almost 8 bucks. Breaking Down Fundamental Silver Prices However, the opposite has […]
Supply and Demand Report What the Heck Is Happening to Silver?! - The dollar rose this week, from 17.87mg gold to 18.24mg (that’s “gold fell from $1,740 to $1,705” in DollarSpeak), a gain of 2.1%. In silver terms, it rose from 1.61g to 1.67g (in DollarSpeak, “silver dropped from $19.24 to $18.64), or 3.7%. As always, we want to look past the market price action. Two explanations […]
Supply and Demand Report Rare Gold-Silver Crystal Sighting - Listen to the audio version of this article here. Something has happened which has not occurred since 2009. The silver basis—our measure of abundance of the metal to the market—has gone way under the gold basis. This means silver is less abundant to the market than gold. Here is the picture. The blue line is […]

Listen to Supply and Demand Reports on YouTube

You can listen to the reports on our YouTube channel. Click the link and navigate to the Supply and Demand Report Playlist, where you can find the audio version of each report once we publish it. Each video includes the charts and graphs referenced in the report.