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<p>[QUOTE=&quot;Juan Blanco, post: 1574086, member: 41665&quot;]By comparison to the 90.4 million US individuals (=52.3 Households) actually owning a mutual fund and my lowball estimate of just (6,050 &gt; 18,200 ~ 12k) individuals owning a PM ETF in 2011:</p><p><br /></p><p>A 2012 Epcot/Disney poll for the US Mint suggests there might be ~75.5 million self-described adult &#039;coin collectors&#039; in the USA.</p><p>Same poll: 27.5 million adult &#039;coin collectors&#039; claim they do this &quot;as an investment.&quot; WHOA. </p><p><br /></p><p>Now it&#039;s a poll of 12,000 ppl - and maybe Disneyites answering were lured in, by something coin-y? o.k., call it a <i>self-selecting &#039;coin-crowd&#039; FROM the larger population of Disney-goers. </i>We&#039;d need to know how many people ignored or declined the poll because &#039;No I don&#039;t collect coins, thanks!&#039; etc. I can only guess 3/4 to 7/8 the Disney crowd sailed right on by: <b>so total &#039;true&#039; US coin collecting adults ~25 mln? </b>Is that guess far too low, too high?</p><p><br /></p><p>From other sources, Coin World editor Beth Deisher extrapolates 1.3 - 1.8 <i>million</i> US residents spend &quot;serious time &amp; money on coins.&quot; (no idea IF bullionists are in toto?) </p><p>&quot;Serious collectors&quot; ($s ?) would be 6.6% of so-called &quot;<i>investing </i>coin-collectors&quot; and 2.3% of all self-described &quot;coin-collectors,&quot; but probably ~10% of the true collector population. </p><p><br /></p><p>Still, those collector/bullionist numbers dwarf the retail ETF crowd holding GLD, SLV etc. </p><p><br /></p><p>This tells me the real PM ETF assets are likely my old friends&#039; the endowments, pensions and hedge funds. That&#039;s where the honey-pot is![/QUOTE]</p><p><br /></p>

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