How Much Silver Is In The World
You might ask the questions how much silver is there in the world? As silver prices hover around 30$-35$ an ounce, many investors are buying up silver in huge quantities as the prices are too good to be true. But many people don’t realize how little silver there is for investors to invest in. While many many mainstream experts might say the silver bubble has popped, right now you should be buying while there is still silver on the market. I fully expect there to be a rush on silver when people realize the game is over and the dollar has no value left. But this article is going to focus on the numbers game of how much silver is in the world, and some interesting facts to go along with why you should be excited about holding silver. Make sure to read below as i already did the math with some interesting numbers that show up.
While i have found nothing on how much silver is in the world, i do know there is about 700 million ounce of silver mined each year. Some experts say its higher and close to 800 million and some suggest is a bit below. But for the sake of argument we are going with 700 million in this article. There are roughly about 310 million people living in the united states as of 2012. If you take those numbers and divide the number of people living in the united states vs how many ounce of silver are mined each year you end up with 2.25 ounce of silver. That means there is only 2.25 ounces of silver on the market for each American citizen every year. With a whopping total of 68$ roughly for those 2.25 ounce of silver you can see why i suggest you buy in today. Remember that only 1% of the public owns any silver at all in the united states. With so few people in the market this will definitely not last when people realize the federal reserve has ruined the currency. Another note is that of that 700 million ounces, many companies buy futures in silver for the products they make. So that number is drastically reduced if you were to shrink it down after you include futures into the equation. This isn’t even including if you were to add the rest of the world into the market.
Supply and Demand
With so little silver on the market each year, you can see why I’m highly suggesting you buy as much silver possible right now. The law of supply and demand states that when there is a shorter supply and higher demand then prices will rise. In this case you will see silver reach a point where 500 ounces of silver will buy the median price home in the united states. When this happens i will suggest you get out of silver an invest into cashflow paying real-estate. But that day is far away, and right now you should be in the mode of buy, buy, buy.
The thing i believe in most is education. I believe a good education above anything else is the best way to become seriously wealthy. In the silver market there are a lot of scams and other things you should be wary of. That’s why i wrote an ebook on amazon you can get for free if you are a prime member. The book is about investing into silver, and ways to get free silver. The link below will take you to the amazon page where you get get my ebook, so please be sure to check it out.
Here is the video for you that explains all the information we have covered in this article. This goes over the numbers perfectly with some great video quality to go along with the guy speaking.
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