Silver's price action has been striking lately—jumping from the $28 range all the way up to $78, hitting record nominal levels before settling into the low $70s.

What's driving this surge? The supply side tells an interesting story. Mining production simply can't match the explosive demand from electronics manufacturers. There's no straightforward solution either; ramping up extraction isn't as simple as flipping a switch.

Meanwhile, major players like Samsung aren't sitting idle. These corporations are actively securing their supply, essentially locking down what's available in the market. When big manufacturers start aggressive stockpiling, it creates additional upward pressure that extends beyond normal market dynamics.