$iShares Silver Tr(SLV.US) just added 19.73 tonnes yesterday, now at 16,236.18 tonnes . AUM US$51.48B . 2026 deficit forecast 300 million ounces, 6th year of shortage . Retail sentiment ‘Very Positive’, +23.9% holders in 30 days . Price still 30% off the highs. This is accumulation, not distribution.
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