The break-even silver price among the top 12 primary silver miners now rests at $19.78, according to the SRSrocco Report, slightly above the current price of about $19.70 in New York. This is a significant fall from the prior $24.05 all-in cost estimate. PureFunds CEO Andrew Chanin tells TheStreet's Joe Deaux that $24 could be some miners' all-in costs, but that it depends on regional influences and different companies' assets. Chanin discusses whether he expects silver producers to cut back on supply and what he anticipates the futures curve to do in the coming months.

More from Video

Video: This One Mathematical Concept Can Make You a Millionaire

Video: This One Mathematical Concept Can Make You a Millionaire

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs