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How much silver is left in the ground?
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<p>[QUOTE="medoraman, post: 1432985, member: 26302"]Well first, supply and demand have to equal. Second, how do you know the age of this "scrap"? How do we know its not a necklace made last year? If you read my post #78 it basically talks about this, and IS jewelry, coins, silverware REALLY usage? Does it disappear with this "usage" or is it simply future "scrap"? I imagine all of this "scrap" had to be "usage" in prior years. If total "usage" in these categories is going up, doesn't that directly lead to more and more available "scrap" in the future?</p><p><br /></p><p>Like I said sir, two ways to look at this chart and have totally different takeaways. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Btw, the big difference is the "implied net investment". like most I would like a better explanation of this, as if its bars put away by an ETF its pure inventory, if its something else it could change my opinion. I am assuming its a type of inventory, if its not, I may change my mind.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1432985, member: 26302"]Well first, supply and demand have to equal. Second, how do you know the age of this "scrap"? How do we know its not a necklace made last year? If you read my post #78 it basically talks about this, and IS jewelry, coins, silverware REALLY usage? Does it disappear with this "usage" or is it simply future "scrap"? I imagine all of this "scrap" had to be "usage" in prior years. If total "usage" in these categories is going up, doesn't that directly lead to more and more available "scrap" in the future? Like I said sir, two ways to look at this chart and have totally different takeaways. :) Btw, the big difference is the "implied net investment". like most I would like a better explanation of this, as if its bars put away by an ETF its pure inventory, if its something else it could change my opinion. I am assuming its a type of inventory, if its not, I may change my mind.[/QUOTE]
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