About 50% of silver is used industrially, and the amount increases by about 4% per year. The supply of silver mined has been going down modestly prior to this year but perhaps much more of a decrease this year. And silver is 90/1 versus gold price, which is absurd. About 50% of silver is used industrially, and the amount increases at about four percent per year. The supply of silver mined has been going down prior to this year but perhaps much more of a decrease this year. And silver is 90/1 versus gold price, which is absurd versus coming out of the ground 8/1 by weight. So, there are about 2 billion ounces of silver above ground on the planet. A little more or less. We mine 800 million ounces per year. Not this year as 60% of the mines shut down for three months for the COVID. APPLE, ONE COMPANY, has 250 BILLION on hand in CASH. Not what their stock is worth. Just in cash. Apple could purchase ALL the above-ground stockpiles of silver at 23 dollars/ounce and still have 200 BILLION left over to buy bubble gum. Apple. Who builds tablets in China with slave labor at 50 dollars and sells them for 500 USD and... pays an effective tax rate of 1.9% on all of it... Now: Riddle me this, Batman... The Government needs tons of silver to build their weapons. Samsung to build their phones. Tesla to build their electric cars. Chain to build their solar. Industry to manufacture everything using tons of silver in tiny amounts. If everyone on the planet had to go to APPLE to buy their silver, they could NOT live without. What do you think the price would be?? Would Apple sell their silver for 50?? a thousand.. 2 or maybe even 3 thousand per ounce?? Who thinks they would settle for 20 bucks?? SILVER IS the Rarest, most useful commodity on the planet, and YOU ALL listened to the Globalist. The liars who call you all useless eaters. Convinced you silver is worthless when YOU could have bought it at 5, 10, or 15 dollars an ounce and changed your life and the life of your family. It is not even close to being late; the gold to silver ratio is still over 80 and should go below 20. silver will hit $200 minimum in the next couple of years at most.
