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<p>[QUOTE=&quot;DrHenley, post: 1711690, member: 50741&quot;]It ain&#039;t rocket science...</p><p><br /></p><p>You need two estimated numbers, which vary considerably depending on who is doing the estimation.</p><p><br /></p><p>Known above ground silver today</p><p>Total amount of silver ever mined.</p><p><br /></p><p>Then you plug them into this equation:</p><p><br /></p><p>(Total amount of silver ever mined-Known above ground silver today)/Total amount of silver ever mined*100</p><p><br /></p><p>Unless the silver was spirited away by aliens or put back into the mines, the difference between the Total amount of silver ever mined and the Known above ground silver today is the amount of silver consumed.</p><p><br /></p><p>The link below has 2007 numbers, and they come out closer to 99%:</p><p><br /></p><p><a href="http://www.silverinsights.com/_pages/_statistics/statistics_1.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silverinsights.com/_pages/_statistics/statistics_1.html" rel="nofollow">http://www.silverinsights.com/_pages/_statistics/statistics_1.html</a></p><p><br /></p><p>Their estimate is that<font face="Helvetica"><span style="color: #000000"> the total worldwide silver production since 3000 BC is 40 BILLION troy ounces (as of 2007)</span></font></p><p><font face="Helvetica"><span style="color: #000000"><br /></span></font></p><p><font face="Helvetica"><span style="color: #000000">As of 2007, the known silver supply was 450 million ounces.</span></font></p><p><font face="Helvetica"><span style="color: #000000"><br /></span></font></p><p><font face="Helvetica"><span style="color: #000000">Good luck recovering 39.5 billion ounces of silver from landfills!&nbsp; </span></font>[/QUOTE]</p><p><br /></p>

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