Having risen from an average price of $5.00 to $46.05 an ounce, it is only reasonable that one question what may be occurring in the silver market. A well read Investor will certainly have considered many explanations as to why the price of silver has increased over the past 7 years. The most common argument for this, is an extreme shortage of the metal. Without a doubt, if there is a shortage of silver in the market, one would expect the price to rise. Let’s take a look.