That is why it is so easily manipulated!
If all that silver is suppose to be there then how can they go bk?
MF-Global had serial numbered bars yet the people got cash instead!
Be careful what you think is reality cause it isn't always so!
Take a look at PSLV, fully allocated and stored at the Royal Canadian Mint. Just switched from SLV to PSLV as I usually do when the premium shrinks towards zero with PSLV. But the reality is that the bullion funds will track spot silver, plain and simple. After all, 99% of your trust assets is silver ingots in a secure vault with 1% in cash. It'll track spot, and the options market won't blow up, btw. Its really a small market for silver. A pittance for a JPM.
anyone check our debt clock lately ? 18.169 TRILLION AND COUNTING... Huff and PUFF and Blow the hose down....
The Big bad Short / AKA JPM and friends are casing you and they will huff and puff and blow your house down and eat you... Well they came across the first silver stacker or so he thought but his house was built out of option trades And JPM Huff and puffed and eat that little paper silver gambler for breakfast.. The second little stacker or so he thought was a stacker of the ETF funds and had tons of paper... The big bad JPM Huffed and puffed and blew that little stackers paper house down as well... Then the big bad wolf saw one more stacker in the woods and ran after him .. The stacker ran into his house made of REAL SILVER ... And said to the big bad JPM Huff and puff all you want #$%$ , You aint never blowing my house down... And when JP Started to blow the REAL STACKER took a silver brick and smashed JP Over the head with it and said Who's the #$%$ now ...Moral of the story is STACK REAL SILVER AND NEVER WORRY ABOUT THE BIG BAD WOLF JPM....
I don't know how long it will take but I do know if stackers numbers just simply increase year over year by 6 % then It wouldn't take more then 5 years growth to cause a serious reaction... Investment demand is already at 1/3 world silver supplies. Imagine what will happen when that number is 50 % or higher...
I did read that a little while ago. I can't see how paper will have any affect on silver prices much longer, the supply is just too tight and investment demand is only growing.
Did you see that quick bit of news this morning when Marry doing the news blurted out saying only 20 years left worth of gold to be mined... Interesting ... They quickly shot past silver and mentioned only platinum and copper ... Still 20 years left is NOTHING...
Bi product silver (75% of the silver market) is really going to be constrained due to oversupply of base metals. Silver Eagle sales from the mint were 12 million for the first quarter.
It is but not as fast as it needs to!
Still many computers get tossed in the dump!
Soon the best mining operations will be in landfills as all other sites will not have as much resources as the landfills!
I found that old number in an EPA report (MANAGEMENT OF ELECTRONIC WASTE IN THE UNITED STATES)....it's a decade old.
"Recycling vs Disposal
• Between 2003-2005, electronic products available for EOL management were recycled or disposed of in the following approximate percentages (for more specific numbers, please see Table 3):
o About 15-20 percent were collected for recycling. The recycled/disposed split remained fairly constant between 1999-2005. Although recycling continues to increase, the percentage recycled remains constant because of the ever-increasing number of electronics available for EOL management.
o About 80-85 percent were disposed of (largely to landfills)."
10 year old value.
you know me and data...I always want to know where it came from, and when.
They can always print some more gld gold you know!
The endless supply never goes away!
The whole market is based on paper and when the people want the real thing and no one can deliver because there isn't enough to go around they will panic!
Then the paper etf's will go bk and there once again will be plenty of silver to go around as people who were stupid enough to believe that these etf's is the same as owning silver will be hosed!
U.S. electronic waste recycling efforts growing
In keeping up with Europe in the surge of waste collecting and recycling, the U.S. has had 25 states pass regulations to mandate statewide recycling of consumer electronics, according to Transparency Market Research. The report by the research firm indicated 65 percent of U.S. residents are subject to electronic waste regulations.
These rules could increase the amount of recyclables collected as the average U.S. household owns an estimated 24 electronic devices, according to data by the Consumer Electronics Association (CEA) cited by the U.S. Environmental Protection Agency
search up this report "In s i d e t h e U. S. E l e c t r o n i c s Re c y c l i n g I n d u s t r y"
March 13, 2014
Consumers are always clamoring to buy the latest gadget on the market, which means a steady rise in electronic waste for recycling companies to collect. The market for electronic recycling is expected to achieve double-digit growth to reach $41.36 billion by 2019, according to Transparency Market Research. With the electronic recycling market expanding at a rate of about 23 percent on average each year between 2013 and 2019, companies should make sure they have enough magnetic separation equipment for their recycling facilities to efficiently process all of this electronic waste.
Europe leading electronic recycling market
The report indicates that more than 141 million tons of electronic waste is expected to be recycled in 2019, up from 48.43 million tons in 2012, with Europe emerging as the leading region for electronic recycling in the world as stricter government regulations for recycling are helping to boost the European market. Last month, the European Recycling Platform (ERP) said it has recycled more than 2 million metric tons of electronic waste and electronic equipment since its founding in 2002, Recycling Today reported. Umberto Raiteri, CEO of ERP, said recyclers must be able to keep up with the growing amount of discarded consumer electronics as the life span of electrical devices becomes lower significantly over the years.
"Staying ahead of the continuous production of [Waste Electrical and Electronic Equipment] is a true challenge ERP is the only true pan-European compliance scheme, perfectly positioned to assist communities to recycle WEEE and industry to meet the increase in compliance targets across Europe in line with environmental regulations," Raiteri said, according to Recycling Today.
Of the 2 million metric tons collected by ERP, the organization was able to salvage a huge amount of precious metals, including 16 metric tons of gold, 130 metric tons of silver and 60,000 metric tons of copper, Recycling Today reported.