That you're even able to get is cheap compared to the 4 trillion print.
That's a dollar ahead, how can it even be this cheap? That lost in space robot would be flailing his arms.
It would only cost someone $56,000.00 (2000 ounces) to be as strong as a stadium full of people.
and these huge moves in commodities are certainly signaling somethings going to blow.
I deducted industrial use, around 470 million ounces, and jewelry, photography, and silverware, that leaves 250 million for investment. These probably aren't even facts from the Silver Institute, who knows, they don't know.
Just divided 7 billion people, by 250 million ounces of silver. So I stopped by my local coin shop today and just bought 5 Silver Eagles, 29.75 apiece. So for less than 150.00 I bought a years worth of silver for 140 people.
for every one ounce of silver per year. So this cheap rise will never last.
Way to many buyers to keep the price down.
Who knows what the rest of Europes is but worldwide must be close to 4 TRILLION. Meanwhile there's is only 6 billion worth of silver to invest in after you strip out industrial, jewelry, photo, and silverware uses.
So weather it's 20 or 50, is nothing compared to what it is going to be.
The price of silver to fiat at this point is negligible.
There's only 6 billion in silver to invest in after you strip out industrial uses, jewelry, photo, and silverware, meanwhile they'll be printing 3-4 trillion fiat worldwide. If you look at silver stocks in 1980 maybe you'll get a clue.
He probably has a record of streamlining profits, they're not going to hire him to lose money, I'm sure they did their due diligence and that by hiring him they'll put more money in to the bottom line. Why would would you think anything other, are you short the stock?
smashing a previous record of 114 tons in December.
lack of silver availability last month, fiat lost a ton to gold, I guess they wish both would go away but silver does less damage a this point.