Just noticed something interesting in the commodity markets. The global silver deficit is actually widening more than expected this year—we're looking at a 15% increase, which puts us at around 46 million troy ounces short. That's now six years running with a shortage. What caught my eye is that since 2021, we've burned through 762 million troy ounces of global silver stocks. That's a pretty significant depletion. On top of that, demand for physical silver—coins, bars, that kind of thing—is jumping about 18% year over year, while actual supply is dropping 2%. So you've got this squeeze where everyone wants more physical silver but there's less of it available. Not sure how long this trend holds, but the numbers suggest the global silver market is getting tighter. Definitely worth keeping an eye on if you're into commodities.