{ "report_id": "theme_precious_metals_node_silver_industrial_demand_and_mine_supply", "report_type": "theme_value_chain_node", "site_path": "themes/precious-metals/nodes/silver-industrial-demand-and-mine-supply/index.html", "title": "Silver Industrial Demand And Mine Supply", "as_of": "2026-06-22", "generated_at": "2026-06-22T22:15:43-07:00", "freshness": { "price_data_as_of": "2026-06-22", "daily_ohlc_latest": "2026-06-22", "chart_interval": "weekly", "knowledge_reviewed_as_of": "2026-06-22", "canonical_lane_reviewed_as_of": "2026-06-22", "wrapper_ohlc_coverage": "missing for SLV, PSLV, and SIVR", "live_api_validation": "not completed; local report API server was not running during build" }, "node": { "slug": "silver-industrial-demand-and-mine-supply", "order": 4, "level": "L2 silver deficit and byproduct-supply route", "role": "Tests whether investment demand, physical tightness, industrial use, byproduct supply, and recycling convert into miner free cash flow without forcing chart behavior for uncovered silver wrappers.", "description": "Silver is both a monetary metal and an industrial input. This node ranks API-covered silver miners first, keeps physical silver wrappers source-only where local OHLC is missing, and routes missing company-level claims to future canonical lane work." }, "ticker_baskets": { "core": [ "PAAS", "AG", "HL", "CDE", "SVM", "EXK", "ASM", "USAS", "FSM" ], "source_only": [ "SLV", "PSLV", "SIVR" ], "deferred": [ "SLVR", "SIL", "SILJ", "MAG", "GATO", "SILV", "VZLA", "WPM", "DOLLF", "AYASF" ], "missing_canonical_lanes": [ "AG", "HL", "CDE", "SVM", "EXK", "ASM", "USAS", "FSM", "PSLV", "SIVR" ], "missing_ohlc": [ "SLV", "PSLV", "SIVR" ] }, "chart": { "required": true, "data_report_api": "required", "rendering": "selected_security_right_rail", "source_table": "daily_ohlc", "chart_interval": "weekly", "api_backed_tickers": [ "PAAS", "AG", "HL", "CDE", "SVM", "EXK", "ASM", "USAS", "FSM" ], "source_only_without_ohlc": [ "SLV", "PSLV", "SIVR" ], "behavior": "Only API-backed miner tickers are chart triggers. SLV, PSLV, and SIVR stay source-only until local instrument and daily_ohlc coverage exists." }, "chart_artifacts": [ { "chart_id": "chart-paas", "ticker": "PAAS", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/PAAS/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-ag", "ticker": "AG", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/AG/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-hl", "ticker": "HL", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/HL/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-cde", "ticker": "CDE", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/CDE/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-svm", "ticker": "SVM", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/SVM/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-exk", "ticker": "EXK", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/EXK/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-asm", "ticker": "ASM", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/ASM/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-usas", "ticker": "USAS", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/USAS/chart?frequency=weekly&window=3y&as_of=latest" }, { "chart_id": "chart-fsm", "ticker": "FSM", "source_table": "daily_ohlc", "chart_interval": "weekly", "aggregation": "weekly bars grouped from daily rows by calendar week; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed", "indicators": [ "20w_ema", "100w_ema", "weekly_volume" ], "price_data_as_of": "2026-06-22", "visible_years": 3, "rendering": "report_api_right_rail", "fallback_table": false, "api_route": "/api/securities/FSM/chart?frequency=weekly&window=3y&as_of=latest" } ], "links_out": [ "theme_precious_metals" ], "knowledge_sources": [ "../../../../../knowledge/wiki/lanes/security/paas.md", "../../../../../knowledge/wiki/lanes/security/slv.md", "../../../../../knowledge/wiki/lanes/security/slvr.md", "../../../../../knowledge/wiki/lanes/sector/materials.md", "../../../../../knowledge/wiki/concepts/themes/energy-input-cost-pass-through.md", "../../../../../knowledge/raw/sources/security_profile__paas__security_backlog_100_20260607/output.md", "../../../../../knowledge/raw/sources/security_research__paas__security_backlog_100_20260607/output.md", "../../../../../knowledge/raw/sources/security_profile__slv__security_backlog_100_20260607/output.md", "../../../../../knowledge/raw/sources/security_research__slv__security_backlog_100_20260607/output.md" ], "discovery_sources": [ { "kind": "discovery_cli_status", "label": "Silver miner local coverage", "query_ref": "discovery:status:PAAS|AG|HL|CDE|SVM|EXK|ASM|USAS|FSM:daily_ohlc_through_2026-06-22" }, { "kind": "discovery_cli_status", "label": "Source-only wrapper local coverage gap", "query_ref": "discovery:status:SLV|PSLV|SIVR:no_local_instrument_or_daily_ohlc" }, { "kind": "report_api", "label": "Selected-security right rail chart route template", "query_ref": "/api/securities/{ticker}/chart?frequency=weekly&window=3y&as_of=latest" } ], "external_sources": [ "https://silverinstitute.org/global-silver-investment-to-remain-strong-in-2026-against-the-backdrop-of-a-sixth-consecutive-annual-market-deficit/", "https://silverinstitute.org/silver-in-industry/", "https://silverinstitute.org/silver-supply-demand/", "https://pubs.usgs.gov/periodicals/mcs2026/mcs2026-silver.pdf", "https://www.ishares.com/us/products/239855/ishares-silver-trust-fund", "https://sprott.com/investment-strategies/physical-bullion-trusts/silver/" ], "source_trail": { "canonical_knowledge_lane": "../../../../../knowledge/wiki/lanes/security/paas.md", "source_only_wrapper_lane": "../../../../../knowledge/wiki/lanes/security/slv.md", "latest_profile_output": "../../../../../knowledge/raw/sources/security_profile__paas__security_backlog_100_20260607/output.md", "latest_profile_manifest": "../../../../../knowledge/raw/sources/security_profile__paas__security_backlog_100_20260607/source.json", "latest_research_output": "../../../../../knowledge/raw/sources/security_research__paas__security_backlog_100_20260607/output.md", "latest_research_manifest": "../../../../../knowledge/raw/sources/security_research__paas__security_backlog_100_20260607/source.json", "projected_claim_ids_or_evidence_ids": [ "PAAS:C1-C10", "SLV:C1-C8", "node_merge_tournament:2026-06-22" ], "local_chart_endpoints": [ "/api/securities/PAAS/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/AG/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/HL/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/CDE/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/SVM/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/EXK/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/ASM/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/USAS/chart?frequency=weekly&window=3y&as_of=latest", "/api/securities/FSM/chart?frequency=weekly&window=3y&as_of=latest" ], "route_registry_route": "../../../../assets/security-page-routes.js", "chart_level_registry_route": "../../../../assets/chart-level-rules.js", "source_requirements": [ "AG, HL, CDE, SVM, EXK, ASM, USAS, and FSM need canonical company lanes before stronger production, AISC, reserve, jurisdiction, or mine-life claims.", "PSLV needs a canonical wrapper lane before chart-disabled source-only text should be expanded.", "SIVR needs an issuer-page source route and a canonical wrapper lane before chart-disabled source-only text should be expanded." ] }, "revision": { "version": 1, "updated_label": "Initial standalone silver industrial demand and mine supply node from 15-primary-agent tournament merge", "metadata_path": "themes/precious-metals/nodes/silver-industrial-demand-and-mine-supply/report.json" } }