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Rick Harrison Warns of Looming Silver Shortage Crisis

2/28/2026

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Summary

Story summary

Rick Harrison, co-founder of the Gold & Silver Pawn Shop in Las Vegas, warns of a growing silver shortage driven by rising technology and energy demand.
He cites a 200 million-ounce annual deficit, noting most silver is a byproduct of mining other metals.
Despite a recent market sell-off, he says silver and gold remain strong investments and will stabilize the market as new mines emerge.

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Story summary

Rick Harrison, co-founder of the Gold & Silver Pawn Shop in Las Vegas, warns of a growing silver shortage driven by rising technology and energy demand.
He cites a 200 million-ounce annual deficit, noting most silver is a byproduct of mining other metals.
Despite a recent market sell-off, he says silver and gold remain strong investments and will stabilize the market as new mines emerge.