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<p>[QUOTE="bhp3rd, post: 839198, member: 16510"]There's not only plenty of it - it will never be all turned in or even partly used up. It is in no farthest stretch of the imagination rare.</p><p>Think about it this way.</p><p> </p><p>This town is about 450,000 people, there is three coin shops, 100 pawn shops, gold and silver buyng shops and a monthy coin show that has ran for 28 years. All of these places stay in buisness and have multible pounds each of silver and gold at any time in 90%. The bigger show dealers (about 10) always have a couple of $1000 bags of silver 90%. Each one has rolls, say, 4 or 5 dozen of silver eagles and 100 oz. bars also. The shops get in about $1000 a week in silver 90% - I have no idea what the pawn shops do but know they buy and sell silver and gold like everyone else. I havn't even included the jewlery stores. I didn't even include commemoritives or rounds or industrial silver, (Remember we have Oak Ridge next door!)</p><p>Each week or month this silver comes in from collectors, mom and pops, and other dealers. People buy and sell it hoard it, melt it, save it, turn it in.</p><p>Now, I have not included yet the 10% or 20% of the population that still has this stuff in the basement, garage, lock box, safe on so on.</p><p>Also it is being melted everday and some is made everyday also of course plus it's been continually melted since 1964, over 46 years! Now much is just moved from place to place it is true but,,,</p><p> </p><p>This is one little town, in one little state, in one little country!</p><p> </p><p><b>Now how much do you think there is out there????</b>[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 839198, member: 16510"]There's not only plenty of it - it will never be all turned in or even partly used up. It is in no farthest stretch of the imagination rare. Think about it this way. This town is about 450,000 people, there is three coin shops, 100 pawn shops, gold and silver buyng shops and a monthy coin show that has ran for 28 years. All of these places stay in buisness and have multible pounds each of silver and gold at any time in 90%. The bigger show dealers (about 10) always have a couple of $1000 bags of silver 90%. Each one has rolls, say, 4 or 5 dozen of silver eagles and 100 oz. bars also. The shops get in about $1000 a week in silver 90% - I have no idea what the pawn shops do but know they buy and sell silver and gold like everyone else. I havn't even included the jewlery stores. I didn't even include commemoritives or rounds or industrial silver, (Remember we have Oak Ridge next door!) Each week or month this silver comes in from collectors, mom and pops, and other dealers. People buy and sell it hoard it, melt it, save it, turn it in. Now, I have not included yet the 10% or 20% of the population that still has this stuff in the basement, garage, lock box, safe on so on. Also it is being melted everday and some is made everyday also of course plus it's been continually melted since 1964, over 46 years! Now much is just moved from place to place it is true but,,, This is one little town, in one little state, in one little country! [B]Now how much do you think there is out there????[/B][/QUOTE]
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Hey Im new to this whole silver thing..
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