Posted 11/26/2014 10:14 am
let's do some math.
global annual silver production is about 840,000,000 ounces, of which 25% is for coins and bullion. this arrives at 210,000,000 ounces.
pay attention this is worldwide scale.
I am in US. assuming US consumes 10% of that figure, 21,000,000 ounces. If each silver stacker buy 1000 ounces per year, this need 21,000 of us.
comparing to US population, 21k out of ~300million; we can conclude statistically, nobody gives a crap on silver !
