ERIC SPROTT'S $300 SILVER CALL: THE NEW RULES OF THE MARKET

 https://ffus.substack.com/p/legendary-investor-eric-sprott-silver

Legendary investor Eric Sprott, who has long been laser-focused on silver, outlines a fundamental restructuring of the global silver market. His conclusion: "I can see nothing but clear sailing for silver."

THE CORE THESIS: $300 SILVER

✅ Sprott states: "Silver should be at $300."

➡️ That's before accounting for a severe physical shortage.

🔥 Add the shortage, and the sky's the limit. "The rules of the game... have permanently changed."

THE "IMPOSSIBLE" DEMAND MATH

✅ Global mine supply: ~800 million ounces annually.

🤯 India bought 55M oz in October 2025 alone. Annualized, that's 660M oz.

📈 COMEX saw 50-60M oz in deliveries recently. Annualized, that consumes nearly all mine supply.

❓ "How can a country buy 55? You’d think it was literally impossible."

THE POWER SHIFT: FROM WEST (PAPER) TO EAST (PHYSICAL)

✅ Price discovery is moving from speculative paper markets (COMEX/LBMA) to physical delivery markets (Shanghai).

📍 "Asia will determine the price for sure."

📊 Shanghai is a delivery market. China is the largest producer and consumer. This is a game-changer.

GAME-CHANGING POLICY SHIFTS

✅ China: Imposed silver export controls (Jan 1, 2026). Could remove 50-100M oz from the global market.

✅ USA: Added silver to its Critical Minerals List (2025), framing it as a national security asset.

⚡ This ends the era of tacit price suppression. Strategic supply security now trumps cheap prices.

THE END OF "MR. SLAMMY" (PRICE SUPPRESSION)

✅ Historically, banks were "forever short," manipulating prices lower.

🔍 The incentive has flipped: Artificially low prices now hurt national security by disincentivizing new mine supply.

⚖️ The new national interest is secure supply, even at much higher prices.

THE BOTTOM LINE

According to Sprott, silver is experiencing a perfect storm: impossible physical demand, a pivotal East-West power shift, and supportive policy changes—all converging to drive prices to historically unprecedented levels.

#Silver #EricSprott #PreciousMetals #Investing #Commodities #CriticalMinerals #Gold #Markets #Finance #Bullion