
The iShares Silver Trust (SLV) ETF fell 19.18% over the past month, reflecting a sharp pullback after a strong rally. Despite the recent drop, SLV remains up over 76% in the past year. Expert Dan Dreyfus warns that global silver supply is running a structural deficit of 200 million ounces annually, with only about 600 million ounces of above-ground silver left, potentially leading to a supply exhaustion in three years. Rising demand from solar panel production and future projects like SpaceX's solar-powered satellites could intensify this shortage, making silver a critical commodity to watch despite its price volatility.