gold - or silver ?, page-7

hi dub, excellent summation.

however, I do not agree with your conclusions.

Not much silver left there, which is to say, silver inventory can be measured in terms of months of consumption. Same with copper, lead, zinc etc.

Silver is an industrial metal in this regard, no?

Store of value monetary metals are naturally hoarded, to store value, and nothing else of significance.

Silver supply is too little, inventory too small to be hoarded without destroying some industries.

When you have half a billion dollars to be saved/hoarded, 10 tons of gold will do the job nicely, and it will fits in a study room in a average residentail house. How much silver do you need to store your half billion dollars in?

You say, silver is "poor man's gold"? The poor men did not have value/wealth to store or preserve, they only had spending money for a months essential supplies. Silver was not their gold, silver was their transactional currency, to be spent. Anybody back then who was worth anything to be hoarded, hoarded in gold, not silver.

Silver probably will make you money, quite a bit even, but silver is not meant to be saved, only used, and used wisely.