MK: According to Eric Sprott, 44 of the 45 billion ounces of Silver ever mined are gone. Of the remaining 1 billion ounces, half of that is tied up in Silver ETF?s. This leaves only 500 mn. ounces of Silver available for purchase. In other words, 15 billion dollars would be enough to purchase ALL THE AVAILABLE SILVER IN THE WORLD. Or, 500,000 people each buying $30,000 in Silver would remove 100% of the available Silver (or 5 mn. people each buying $3,000, or 50 mn. people each buying $300 or 500 mn. people each buying 1 oz). What about new supply? 100% of this years new supply, approximately 600 mn. ounces is not enough to supply the 700 mn. ounce demand from industry.
Its happening guys and the people who lable me a conspiracy theory and hang their hats on George W Bush and his mates because they cant get their head around the facts. How easy would it be for china just to buy up the worlds silver tomorrow.Its scary good!! . We might even get george up on war crimes wouldn't that be a great sight
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