Search results for "2c8795e2ee12d727126f7292956a69cd" in md5 (2)

/biz/ - /pmg/ - Precious Metals General
Anonymous No.60962857
>>60962777
>The implications of silver remonitization are massive.
Yes they are lucky triple seven. Most people cannot fully appreciate just how much silver would climb if any serious monetary demand for silver arose in a market where there is not even enough silver production to meet current industrial demand.

LBMA his opaque about the available free float in their vaults, but it's safe to assume there isn't enough available silver for every American to have even 5 oz.
/biz/ - /pmg/ - Precious Metals General
Anonymous No.60938275
>>60938148
>If your average American owned 50 ounces of silver and 5%-10%
50 x 350 million = 17,500,000,000

There is not enough above ground 999 silver available for the average American to have 50 oz. 17 billion oz represents over 20 years current mine production.

There is if you include every gram in every piece of jewelry and every gram in landfills on earth. In terms of what is actually commercially available, maybe no more than 3-4 billion oz, including all retail bars, coins, rounds, etc. at max.