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<p>[QUOTE="GDJMSP, post: 708675, member: 112"]That's what I wish somebody would define - "above ground inventory". It is a very misleading phrase without a specific definition.</p><p><br /></p><p>I think, do not know but think, that whoever came up with these numbers is doing so for one reason - to make people think that silver is somehow much more rare than gold and thus worth a lot more than it is currently. They have an agenda in other words. It seems to have had that desired effect, at least with some of you. To me however, the very idea is ludicrous.</p><p><br /></p><p>It's kind of like it is with statistics - you can twist them around to get them to indicate pretty much anything you want them to indicate.</p><p><br /></p><p>For example, what "above ground inventory" means to me is that if you took all of the stored silver held by various entities in vaults awaiting use or sale - then yeah, the numbers may very well be true and there probably is more silver sitting in storage than there is gold.</p><p><br /></p><p>However - if you count all the silver that is held by everyone, including the world public, in all forms which include jewelry, coins, table ware, bullion etc. Then what you will find is that there is vastly, vastly more silver than there is gold.</p><p><br /></p><p>It's pretty simple, more people own silver in its various forms because it is cheaper. It sells faster because it is what the public can afford. Gold on the other hand tends to sit in inventory for longer periods of time because it is so expensive and most people cannot afford it. This has been the case throughout recorded history and will always be the case.</p><p><br /></p><p>The people who write this nonsense about silver do so for one reason. Because they stand to make money from it - a lot of money. They depend on you being gullible enough to believe it. And ya know what - it works.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 708675, member: 112"]That's what I wish somebody would define - "above ground inventory". It is a very misleading phrase without a specific definition. I think, do not know but think, that whoever came up with these numbers is doing so for one reason - to make people think that silver is somehow much more rare than gold and thus worth a lot more than it is currently. They have an agenda in other words. It seems to have had that desired effect, at least with some of you. To me however, the very idea is ludicrous. It's kind of like it is with statistics - you can twist them around to get them to indicate pretty much anything you want them to indicate. For example, what "above ground inventory" means to me is that if you took all of the stored silver held by various entities in vaults awaiting use or sale - then yeah, the numbers may very well be true and there probably is more silver sitting in storage than there is gold. However - if you count all the silver that is held by everyone, including the world public, in all forms which include jewelry, coins, table ware, bullion etc. Then what you will find is that there is vastly, vastly more silver than there is gold. It's pretty simple, more people own silver in its various forms because it is cheaper. It sells faster because it is what the public can afford. Gold on the other hand tends to sit in inventory for longer periods of time because it is so expensive and most people cannot afford it. This has been the case throughout recorded history and will always be the case. The people who write this nonsense about silver do so for one reason. Because they stand to make money from it - a lot of money. They depend on you being gullible enough to believe it. And ya know what - it works.[/QUOTE]
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