{"id":11293,"date":"2026-05-08T19:26:45","date_gmt":"2026-05-08T19:26:45","guid":{"rendered":"https:\/\/www.themorganreport.com\/blog\/?p=11293"},"modified":"2026-05-08T19:27:29","modified_gmt":"2026-05-08T19:27:29","slug":"the-silver-deficit-why-it-matters-now","status":"publish","type":"post","link":"https:\/\/www.themorganreport.com\/blog\/the-silver-deficit-why-it-matters-now\/","title":{"rendered":"The Silver Deficit: Why It Matters Now"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/yAYhcLspeUk?si=147HL-VccwFDdVT6\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><br \/>\n<br \/>\nThe Silver Deficit: Why It Matters Now | <a href=\"https:\/\/www.themorganreport.com\">https:\/\/www.themorganreport.com<\/a><\/p>\n<p>David Morgan\u2019s weekly perspective focuses on the silver deficit, but he argues that today\u2019s deficit must be understood in historical context.<\/p>\n<p>He explains that silver was also in a major structural deficit from roughly 1990 through 2006, lasting about fifteen consecutive years. According to a CPM Group chart from the 2007 Silver Yearbook, Morgan estimates that this period added up to approximately 1.5 billion ounces of cumulative deficit. Yet despite that large shortfall, the silver price did not rise dramatically during most of that period, which he considers unusual compared with how other commodities typically respond to sustained deficits.<\/p>\n<p>The key question Morgan raises is: why should the current silver deficit matter more than the previous one? His answer is awareness. From 1990 to 2006, silver had investors, industrial users, and safe-haven buyers, but the market was far less visible than it is today. By 2026, silver has much greater industrial demand, broader investment interest, and more public attention. Because of that increased awareness, he believes today\u2019s deficits may have a stronger impact on price than the deficits of twenty years ago.<\/p>\n<p>Morgan also explains that annual deficits are supplied by drawing down above-ground inventories. He notes that in 1980 there were roughly 2 billion ounces of silver in commercial bar form, and after years of deficits, that stockpile may have been reduced significantly by 2006. His conclusion is that deficits do matter, but they matter more when a market has greater awareness, stronger demand, and fewer available above-ground inventories.<\/p>\n<p>Watch this video on The Silver Deficit: Why It Matters Now, then please share with your friends and family on social media and use the caption: The Silver Deficit: Why It Matters Now.<br \/>\n<div class=\"su-spacer\" style=\"height:10px\"><\/div><div class=\"sc-tabs-wrap\"><ul class=\"sc-tabs\"><li class=\"active\"><a href=\"#\" data-id=\"1\">Trading Recommendations<\/a><\/li><li><a href=\"#\" data-id=\"2\">Save In Silver<\/a><\/li><\/ul><ul class=\"sc-tabs-panes\"><li id=\"sc-pane-1\" class=\"active\">Market Analysis &#8212; Investing &#8212; Trading Methods At The Morgan Report &#8212; Starting As Low As $50 | <a href=\"http:\/\/www.themorganreport.com\/join\" rel=\"noopener\" target=\"_blank\">http:\/\/www.themorganreport.com\/join<\/a><\/b>. <\/li>\n<li id=\"sc-pane-2\">Starting your own precious metals savings program is an easy way to automatically save in gold and silver. This makes it easy to maintain a disciplined program for increasing your ownership of history&#8217;s most proven stores of value. <a href=\"http:\/\/preciousmetalssavingsprogram.com\/\" rel=\"noopener\" target=\"_blank\">Learn more here.<\/a> <\/li><\/ul><\/div>\n<hr \/>\n<p><strong>Let My Passion Create Your Wealth.<\/strong><\/p>\n<p>I&#8217;ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.<BR><\/p>\n<p>The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation, and asset protection.<BR><\/p>\n<p>Thus was born The Morgan Report &#8211; since then we&#8217;ve helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter &#8212; This Week&#8217;s View from The Morgan Report.<BR><\/p>\n<p>Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.<BR><\/p>\n<p>Learn more and become an insider for The Morgan Report, click the link below&#8230;<BR><\/p>\n<p><a href=\"http:\/\/www.themorganreport.com\/join\">http:\/\/www.themorganreport.com\/join<\/a><br \/>\n&nbsp;<\/p>\n<p align=\"center\"><font color=\"#AF0000\" style=\"font-size: 14pt\"><b>Special Riches In Resources Free Report<\/b><\/p>\n<p><\/font> Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below.<\/a>\n\t<\/p>\n<div class=\"AW-Form-1281419199\"><\/div>\n<p><script type=\"text\/javascript\">(function(d, s, id) {\n    var js, fjs = d.getElementsByTagName(s)[0];\n    if (d.getElementById(id)) return;\n    js = d.createElement(s); js.id = id;\n    js.src = \"\/\/forms.aweber.com\/form\/99\/1281419199.js\";\n    fjs.parentNode.insertBefore(js, fjs);\n    }(document, \"script\", \"aweber-wjs-jc8lzhdt3\"));<\/script> <\/p>\n<p>Our mission statement reads&#8230;<BR><\/p>\n<p><b><i>&#8220;To teach and empower people to understand the benefits of an honest monetary system.&#8221;<\/i> <\/b><BR><br \/>\nToday&#8217;s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. We invite you to learn more about what The Morgan Report can do for you. Click on the Learn More About The Morgan Report button now!<BR><\/p>\n<p><center><a href=\"http:\/\/www.themorganreport.com\/join\" class=\"sc-button\" style=\"background: default\"><span><strong>Learn More About The Morgan Report *<\/strong><\/span><\/a>\n&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Silver Deficit: Why It Matters Now | https:\/\/www.themorganreport.com David Morgan\u2019s weekly perspective focuses on the silver deficit, but he argues that today\u2019s deficit must be understood in historical context. He explains that silver was also in a major structural deficit from roughly 1990 through 2006, lasting about fifteen consecutive years. According to a CPM<span class=\"read-more\"><a href=\"https:\/\/www.themorganreport.com\/blog\/the-silver-deficit-why-it-matters-now\/\" title=\"Read More\">More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":11294,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121,89],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Silver Deficit: Why It Matters Now<\/title>\n<meta name=\"description\" content=\"The Silver Deficit: Why It Matters Now\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.themorganreport.com\/blog\/the-silver-deficit-why-it-matters-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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