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<p>[QUOTE="goldcollector, post: 576675, member: 9088"]The 10 million ounce number is a number i just pulled out of thin air. I didnt source it, because I clearly stated it as opinion ( THERE SEEMS TO BE 10 MILLION OUNCES ). That is clearly stated as opinion. </p><p><br /></p><p>I just went to goldeneaglecoins/silver a relatively small website. They currently have over 26,000 ounces of silver in stock to be sold just in their 10 ounce and 100 ounce bars section. They then have another $1,900,000 worth of 90% coins in stock for sale at about 11x face. So that comes out to about $170,000 face of 90% coins. I didnt even bother to look at the other 20 pages of silver coins they have. Then I went to their Platinum page.</p><p><br /></p><p>1 ounce plat eagle --- 0 in stock</p><p>1/2 ounce plat eagle --- 0 in stock</p><p>1/4 ounce plat eagle -- 12 in stock</p><p>1/10 ounce plat eagle - 7 in stock</p><p><br /></p><p>Woo hoo. A grand total of 3.7 ounces of plat in stock, and easily 50,000 ounces of silver. There is easily 10 million ounces of silver currently on the market at $12.80 ( opinion), every $1 increase in price is going to bring more out. When there is so much on the market at $12.80, I have a very hard time seeing the price go so high that people who sold at $25 will be upset for selling at that price.</p><p><br /></p><p>We have to realize that silver will always be the metal that gets overplayed on the internet, because people are always going to overplay what they own, and most people can only afford silver.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 576675, member: 9088"]The 10 million ounce number is a number i just pulled out of thin air. I didnt source it, because I clearly stated it as opinion ( THERE SEEMS TO BE 10 MILLION OUNCES ). That is clearly stated as opinion. I just went to goldeneaglecoins/silver a relatively small website. They currently have over 26,000 ounces of silver in stock to be sold just in their 10 ounce and 100 ounce bars section. They then have another $1,900,000 worth of 90% coins in stock for sale at about 11x face. So that comes out to about $170,000 face of 90% coins. I didnt even bother to look at the other 20 pages of silver coins they have. Then I went to their Platinum page. 1 ounce plat eagle --- 0 in stock 1/2 ounce plat eagle --- 0 in stock 1/4 ounce plat eagle -- 12 in stock 1/10 ounce plat eagle - 7 in stock Woo hoo. A grand total of 3.7 ounces of plat in stock, and easily 50,000 ounces of silver. There is easily 10 million ounces of silver currently on the market at $12.80 ( opinion), every $1 increase in price is going to bring more out. When there is so much on the market at $12.80, I have a very hard time seeing the price go so high that people who sold at $25 will be upset for selling at that price. We have to realize that silver will always be the metal that gets overplayed on the internet, because people are always going to overplay what they own, and most people can only afford silver.[/QUOTE]
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GOLD VS. PLATINUM VS. SILVER --- Which is the best long term investment?
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