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<p>[QUOTE="Eric the Red, post: 7620228, member: 118899"]The US Mint admitted there is a global silver shortage in the 2nd sentence of there announcement.The Sprott fund is currenty purchasing about one out of 6 ounces of silver that comes out of the ground. Current global mining output has dropped below 800 million ounces per year while just industry alone consumes about eight hundred million ounces ounces per year.</p><p>The Green new deal. infrastructure plans made and future of solar and electric everything will consume vast amounts of silver while demand is at an all time high and growing. So do the math <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> There isn't enough Silver to go around.</p><p><br /></p><p>It's going way past 50$ and it will happen this year. JMHO</p><p><br /></p><p>Silver just may surprise everyone and pull a Palladium move. Good luck to all<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>[ATTACH=full]1311332[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Eric the Red, post: 7620228, member: 118899"]The US Mint admitted there is a global silver shortage in the 2nd sentence of there announcement.The Sprott fund is currenty purchasing about one out of 6 ounces of silver that comes out of the ground. Current global mining output has dropped below 800 million ounces per year while just industry alone consumes about eight hundred million ounces ounces per year. The Green new deal. infrastructure plans made and future of solar and electric everything will consume vast amounts of silver while demand is at an all time high and growing. So do the math :) There isn't enough Silver to go around. It's going way past 50$ and it will happen this year. JMHO Silver just may surprise everyone and pull a Palladium move. Good luck to all;) [ATTACH=full]1311332[/ATTACH][/QUOTE]
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