The bullish case for silver in the mainstream typically revolves around price inflation. There are certainly reasons to think inflation is stickier than the powers that be want to admit and that the Federal Reserve isn't going to be able to win the inflation fight. That is bullish for both silver and gold.

But I don't hear a lot of people in the mainstream talking about the looming supply shortage in the silver market.

In fact, the growing demand for silver in the solar power industry will likely put a significant squeeze on supply in the coming years, and the current price of silver does not reflect the likely shortages.