Episode

Silver’s Growing Pains

Podcast
Minor Issues
Published
Jan 3, 2026
Processing state
not_requested
Canonical source
https://mises.org/podcasts/minor-issues/silvers-growing-pains
Audio
https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-01/156_Minor-Issues_Thornton_20260102.mp3
JSON
/v1/public/podcasts/minor-issues-6016417/episodes/silver-s-growing-pains
Markdown
/podcast/minor-issues-6016417/silver-s-growing-pains.md

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Summary

Mark Thornton kicks off 2026 with the new Minor Issues prediction contest (stocks vs. manure) and a hard look at the monetary-metals squeeze. Mark explains why $50 silver triggered “growing pains”: spot–futures disconnects, margin hikes, empty coin shops, and weird retail premiums. As investor demand collides with industrial stockpiling, price spikes invite political scapegoating (“hoarders!”) and intervention that backfires. Expect more meddling before genuine market adjustments can work. Enter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026 Be sure to follow Minor Issues at https://Mises.org/MinorIssues