I agree with you in part but in part disagree. Its clear that silver inventories have been shrinking for a few decades. Demand has exceeded mine suppy. This is factually verifiable.

There are already industrial delays occuring I have read that did not use to occur. I will try to find where I have read this. The amount of deliverable silver on the COMEX is only enough to satisfy one to two months world demand. You are correct when you say there is no current shortage now for industrial users. If something does not change soon, there will be. Silver on the paper market is going for less than the cost to produce so miners already are shutting down and/or slowing. If something does not change, they will go bankrupt. They have to. You can not produce for a loss for very long. Even the Bankers go BK when loses become too great.

You make a huge assumption here: "All governments would be nationalizing their mines, baning personal ownership of silver, large users would be buying miners to have their own supply. Its not happening." Do you know this for a fact? Will they natioanlize auto, food, pharma, entertainment, etc etc too? The paper market and physical markets are clearly diverging. The process is not happening overnight, but its happening.

So I can just as easily and credibly say to you, "Examine the facts, not the rhetoric"