Actually, there’s no shortage of physical silver at all. There’s plenty of silver, in fact, as in hundreds of millions of ounces of above-ground stock, with a lot of this stock stored in secured warehouses, bank vaults, home safes and, even, hidden in the ground in backyards across the world.
I don't think its getting less, its just far fewer bars and coins are passing through now that people see them more as an investment opportunity.
I don't see how so much is just 'used' up. I sense bad math there somewhere. Although I do not see a problem investing in Silver, I don't see it becoming the more valuable of the two.
That was actually a pretty good video. I'm surprised at how well it was made but I had a hard time not laughing when he called a catalytic converter a "Cadillac converter". I'd like a Cadillac converter for my go-kart.
