Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Wednesday, April 10, 2013
Silver Demand, Is the world really running out of Silver ?
An interesting look into silver's history as money along with the current supply vs demand numbers. Topics in this video include: The four attributes that made silver so valuable to early civilizations: 1) Malleability 2) Aesthetics 3) Antibacterial 4) Rarity
Supply and Demand - Traditional Silver Uses:
1) Jewelry 2) Coins, medals 3) Silverware
Industrial Silver Uses:
1) Photography 2) Electrical 3) Soldering 4) Ethylene Oxide 5) Photovoltaic Cells
Silver Demand by Country:
These five countries make up over 60% of global silver demand
1) United States 2) Germany 3) India 4) China 5) Japan
Silver is Supplied from 3 Main Sources
1) Recycling 2) Net Gov't Sales 3) Mine Production
It all started in the late 1970s when the Hunt Brothers attempted to corner the silver market. The COMEX implemented new rules that heavily restricted the purchase of commodities on margin and the price plummeted. To avoid the crash of several Wall Street banks, a number of banks bailed out the Hunts with a $1.1 billion loan.
Majority of Global Silver Production has been consumed
Some estimates say up to 95% of total supply has been consumed and thrown into a landfill.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Posted by Gordon Silverstein
By: Jason_Hamlin COMEX silver prices once again dipped below $23 today. My previous article entitled Ignore COMEX Pricing – Silver Eagle...
1 Ounce of Silver was Worth $1,218 in the Ancient Roman World . so Judas sold out Jesus for about $36,500 bucks... '30 silver pieces...
Breaking News - My Australian contact got a letter. The Perth mint is out of silver. Here is the actual letter my contact received. Feel fre...
Invest in silver . The price is expected to reach the previous high soon. After that as per the demand supply situation presently for silver...
Gold and Silver mining stocks have yet to complete a breakout which means you might still find some great discounts inside these sectors wh...
Bob Chapman : Silver Miners Naked Shorted By US Government ! Bob Chapman : what you have to look at here and it's not being muc...
Bill Murphy : Silver is going to go berserk and there is not much time for investors left to get on boardBill Murphy GATA Chairman interviewed on Gold Seek Radio Nugget - 10 Aug 2011 , Bill Murphy : that's what GATA have been saying for...
2012 year of the dragon. Chinese money is laterally silver . They will buy it all up. Price to disconnect from paper price in 2012. It's...
Lindsey Williams predicts a Silver bull run. Lindsey Willams is spot on... dollar crash is heading at us full steam ahead. Many ppl will b...
Jim Rogers : ” My hope is, silver and gold and all commodities will continue to go up in an orderly way for another ten years or so, and e...
The total amount of above ground silver in the world on a per capita basis is less than one quarter of an ounce per person !
GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!