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<p>[QUOTE="Clawcoins, post: 3183677, member: 77814"]The couple articles I found had inaccuracies in them at the beginning, then tried to build a foundation based upon those inaccuracies. IMHO</p><p><br /></p><p>Such as one stated "The JPMorgan “silver hoard” is supposed to be twice as large as that of the Hunt Brothers; yet it comes at a time where <u><i>global silver inventories are at best one quarter as large as back in 1980</i></u>."</p><p><br /></p><p>Current global silver inventories are 1/4 of what they were in 1980?</p><p><br /></p><p>I know reports show that supposedly demand is outstripping supply. But </p><p>I have not investigated it at all and it's pure speculation, but I think the term "inventory" is very limited here. </p><p><br /></p><p>I think the one article term is based on NEW inventory to be sold to buyers (not any existing, etc type inventory). Although other reports show production higher than previous years .. contracting information. Thus new for sale inventories may be down, but stockpiles [or inventory] held by governments, banks, people, are probably WAY UP. </p><p><br /></p><p>Unless they are stating that not only has all the new mining/production of silver since 1980 to today has been lost/used in manufacturing or sent to outer space or something but existing non-JPM inventories also do not exist.</p><p><br /></p><p>And if their case is correct and JPM holds 2x what the Hunt Brothers have, and there only 1/4 of the silver in the world as there was in 1980 ... then silver technically should be hovering around $128/oz and going up becz all new silver is mostly lost in outer space to prevent an increase in overall "inventories".</p><p><br /></p><p>But we all know all the gov'ts especially emerging nations over the past 20 years has been buying and stacking. Thus existing/old inventories grow. So I don't understand the foundational argument there without further research or detailed statistical and citational elaboration.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3183677, member: 77814"]The couple articles I found had inaccuracies in them at the beginning, then tried to build a foundation based upon those inaccuracies. IMHO Such as one stated "The JPMorgan “silver hoard” is supposed to be twice as large as that of the Hunt Brothers; yet it comes at a time where [U][I]global silver inventories are at best one quarter as large as back in 1980[/I][/U]." Current global silver inventories are 1/4 of what they were in 1980? I know reports show that supposedly demand is outstripping supply. But I have not investigated it at all and it's pure speculation, but I think the term "inventory" is very limited here. I think the one article term is based on NEW inventory to be sold to buyers (not any existing, etc type inventory). Although other reports show production higher than previous years .. contracting information. Thus new for sale inventories may be down, but stockpiles [or inventory] held by governments, banks, people, are probably WAY UP. Unless they are stating that not only has all the new mining/production of silver since 1980 to today has been lost/used in manufacturing or sent to outer space or something but existing non-JPM inventories also do not exist. And if their case is correct and JPM holds 2x what the Hunt Brothers have, and there only 1/4 of the silver in the world as there was in 1980 ... then silver technically should be hovering around $128/oz and going up becz all new silver is mostly lost in outer space to prevent an increase in overall "inventories". But we all know all the gov'ts especially emerging nations over the past 20 years has been buying and stacking. Thus existing/old inventories grow. So I don't understand the foundational argument there without further research or detailed statistical and citational elaboration.[/QUOTE]
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