>>16525338 (lb)
>"more gold below ground than above" was the article i saw.
>ps. Silver - What we got, is all we have.
>Define Supply : Demand?
>solar panels/electronics/ ????
They claim silver and gold come out of the ground at an 8:1 ratio, respectively. I don't necessarily believe any stats like that, but possibly it does.
The current price ratio is more like 84-to-1. Strike that, it's 86.37-to-1 right now.
Ridiculous.
From what I see in the real world, given apparent supply and true demand… and most people think this is a batshit crazy claim… they should be closer to a 1:1 ratio. Will we ever see that? I dunno, but they can't keep it artificially suppressed much longer with phony paper contracts that pretend the supply is 200-300x bigger than it is. Even the banks are starting to take a long position. [Their] scheme is ending. I believe Triple Digit Silver is right around the corner and won't last long, cuz we'll blow past it into quads.
What products require gold? Silver? It's not even a fair comparison. The most undervalued commodity ever. What a time to be alive.
I notice this LV tweet has a Chuck Woolery delta today.