We achieved peak worldwide Silver production in 2016,  and (despite ever-increasing demand) have not been able to increase production beyond 900 million ounces.

Steve St Angelo, in his latest video, compares the peak and decline of Roman Silver production with our own modern-day peak and decline in Silver production.

He also notes that massive amounts of monetary Silver, and other forms of currency have been simply lost, and suggests that people should use Silver as a store of value in private hoards rather than for Silver to reenter circulation because of the risk that supplies will further decline due to a measurable rate of coinage lost each year.

Even if Steve's argument for not using Silver in circulation doesn't seem solid, his analysis of Roman energy consumption and currency debasement is always worth paying attention to.

TL;DW Worldwide Silver production has already peaked, and is now declining in the face of increasing demand,  similar to the Roman Empire in it's period of decline,  i.e. we're in the early stages of worldwide hyperinflation and civilization decline.

t.me/SilverStackersSS

The bleeding continues in crypto land.