Delving into the Rarity of Silver: Uncovering its Scarcity with 90% Lost Forever.
When contemplating the true rarity of silver, it is crucial to acknowledge a startling fact: a staggering 90% of all the silver ever mined has vanished, lost beyond recovery. This realization sheds light on the scarcity of this precious metal and emphasizes its increasingly elusive nature.
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My approach to investing involves buying silver and other assets on a regular dollar-cost average schedule. As prices and interest rates fluctuate, I may also increase my purchases accordingly. While my primary focus is on buying silver coins and bullion, I also discuss topics such as cryptocurrency and current events.
Disclaimers: I am not a financial advisor, a CPA, or an attorney qualified to give financial advice. Nothing I say is meant as professional or financial advice. I’m just a guy on the internet, talking about precious metals. This is for entertainment only. If you’re looking for financial, tax, legal, or other advice, please seek out a professional. It’s worth acknowledging that I make mistakes frequently, so please take that into consideration. I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me.
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Bullion, Central bank policies, Economic outlook, Federal Reserve, Gold bars, Gold bullion coins, Gold coins, Gold investing, Gold jewelry, Gold market analysis, Gold mining, Gold price forecast, Historical silver/gold prices, Inflation hedge, Monetary system, Numismatics, Precious metal IRA, Precious metals, Safe-haven assets, Silver, Silver and gold, Silver bars, Silver bullion coins, Silver coins, Silver investing, Silver jewelry, Silver market analysis, Silver mining, Silver price, Silver price forecast, Silver stacking, Silver/gold supply and demand, Wall Street Silver, Wealth preservation.
10 Comments
If you have $1 face value in pre-1964 American half dollars, quarters and dimes you have about 0.7 ounces.
It’s never to much 😍
I will always need more
Actually, my numbers & based on my assumption are that there are at least 60 billion ounces of silver freely available in the system assuming records are true. Most of it is in jewellery or silver table ware & of that only about 3.3 to 3.5 billion ounces in .999 bullion grade ounces. Investment grade silver is aprox .8 ounces per adult. At current, low prices at anything below USD30 will run out of silver in less than 10 years to meet industrial needs. No silver no Apple with a market cap of 2.85 trillion, but silver has a market cap of 1.4 trillion. Have over 750 ounces of bullion grade silver will add another 50 silver Britannia this coming Monday to push it to just over 800 ounces of bullion silver. Target eventually over 10,000 bullion grade ounces before age 65.
THANKS FOR THE INFO. VERY INFORMATIVE. ☮️
So what you're saying is that you have other people's silver?😉
Very nice 🙂
Well I now have 330 Troy ounces of silver and only 3 Troy ounces of Gold started stacking this year I’m glad I did now I’m addicted to buying precious metals
Thanks for sharing City Stacker!
Hello Fellow Stacker!!! I sent you a big fat Subby