Army corps of engineers is building a wave reduction system in grand haven, so rich boaters wont spill their drinks for $17m.
Nobody asked for this. I live 2 blocks from where they plan to install it and everyone says its a waste of capital.
Meanwhile, the roads are washing out in northern michigan because of poorly designed water management.
https://t.co/5FcdSBwpPY
Melting snow and multiple rounds of heavy rain have led to Flood Warnings and rises on many rivers/streams across Northern Michigan.
Rain (locally heavy) will continue with another round expected this Tuesday night (mostly south). We dry things out late week with more rain expected Saturday. Behind that, enough cold air works in for some snow showers to end next weekend on Sunday.
LATEST ON FLOOD CONDITIONS: https://t.co/7NRTS1FlEP
If AGI is here, for the masses, it’s on training wheels. I get why you’re saying this though. Training wheels, in this case, leads to the bike riding itself. Ppl will be looking back trying to find out when it happened. Where is an example of it being distributed anywhere? Thats the backward looking evidence, and not just stating it.
@lennysan 100 mph in the wrong direction results in miles of tech debt that will grind everything to a near standstill.
Slow is smooth and smooth is fast.
It’s amazing that no one is talking about the hard fall Cooper took. Could have been much worse. Credit to him for not flailing and pretending he was injured like a lot of players do. Although I don’t think he should have gotten in Jamersons face, I can understand why he was upset. They were running full speed when Jamerson took out his feet. Watch the tape. I think it would have been a 2 if Coop had flopped and held a body part as if injured. Tough kid. From my home town. Proud of him.
@countto1011@SpartanHoops_DK A clear sign of a Walmart wolverine is when they immediately stoop to name calling. Clearly, you never attended the University of Michigan.
@RareImagery If you can’t train a dog, definitely dont adopt one, but if you can, they are the best. Smart, obedient, and they love training. We inherited Wyatt from our neighbors.
the most authoritative and widely trusted source for global silver supply and demand data is The Silver Institute’s World Silver Survey, an annual report produced in collaboration with Metals Focus (a leading independent precious metals consultancy). This report has been the industry standard since 1990, relied upon by governments, miners, refiners, investors, analysts, media, and institutions for its comprehensive, independently researched statistics on mine production, recycling, industrial/jewelry/silverware demand, investment flows, and overall market balance (surplus or deficit).
Key Findings from the Latest Authoritative Data (World Silver Survey 2025 and Related Updates)
The global silver market recorded a deficit of 148.9 million ounces in 2024 (down from ~200.6 Moz in 2023), marking the fourth consecutive year of shortfall.
This was driven primarily by record-high industrial demand (e.g., ~680.5 Moz in 2024, fueled by solar/PV, electronics, EVs, grid infrastructure, and AI applications), while supply growth remained constrained (mine production ~820 Moz, with ~70% as a byproduct of other metals like lead/zinc/copper).
The report forecasted another deficit in 2025 of around 117.6 Moz (or estimates ranging 95-149 Moz in various updates), making it the fifth successive structural deficit. Cumulative deficits from 2021–2025 are projected at ~796-820 Moz—roughly equivalent to one full year of global mine production—leading to ongoing drawdowns of above-ground inventories.
While some demand moderation occurred (e.g., due to thrifting in solar or economic factors), industrial use remains the dominant, price-inelastic driver, with supply unable to respond quickly.
These figures come directly from the Silver Institute (https://t.co/NKXKB9vYGZ), which publishes the full report (e.g., the 2025 edition released in April 2025, with interim updates like November 2025 forecasts confirming the fifth-year deficit at ~95 Moz).
Supplementary Authoritative Sources for Verification
U.S. Geological Survey (USGS) Mineral Commodity Summaries — Provides independent global mine production data (e.g., ~25,000-26,000 metric tons annually in recent years, aligning with Silver Institute estimates). It’s a U.S. government source focused on production/reserves but doesn’t cover full demand or market balance as comprehensively.
LBMA (London Bullion Market Association) Vault Data and COMEX Warehouse Stocks — These report physical holdings in major vaults/exchanges (e.g., LBMA silver holdings in the 26,000-28,000 tonne range recently, with fluctuations; COMEX inventories showing drawdowns). They offer transparent, real-time glimpses into deliverable physical stocks, supporting tightness narratives but not full global supply-demand analysis.
Other bodies like the CME Group (COMEX operator) provide exchange-specific data, but they are not comprehensive market overviews.
Why This Is More Trustworthy Than General Reports
The World Silver Survey uses a mix of public data (trade stats, company reports) and proprietary industry interviews/surveys for estimates, making it the benchmark. While no source is infallible (e.g., some data is estimated due to private stockpiles), it’s far more reliable than anecdotal reports, social media claims, or secondary summaries—especially for structural deficits vs. short-term physical availability issues.
In early 2026, the data continues to indicate persistent tightness (deficits likely extending into 2026 per forecasts), contributing to elevated prices and premiums, though above-ground stocks prevent a total “out of silver” scenario. For the raw data, check the Silver Institute’s site directly (e.g., their supply-demand page or the 2025 Survey PDF). If you’re tracking physical availability or the US, COMEX/LBMA trends are useful real-time indicators.
@Cisco6733@abcampbell@grok Rolling is just a fancy way of saying selling and buying the same underlying asset via option contract. There really is no roll, just a way to describe a sell buy pattern (staying long in the asset via options as the expiration date gets closer)