Is the World going to run out of Silver?? interesting watch this one!

[SilverPunk]

Just come across this video from early this morning, an interesting watch, not sure if its going to happen like the chap says but interesting to see what happens to silver price if it does!

 

just thought it might be interesting to some of you,

cheers

Matt

[HonestMoneyGoldSilver]

Very interesting, ties in well with the video the other day from SDBullion shared by @HillWalkerDundee

China pleads for an honest silver market. - Silver - The Silver Forum

Unless silver price explodes and recycling becomes economically viable, we will run out of silver. As silver becomes ever more depleted the price will naturally rise and hopefully that will provide the incentive for recycling. Either way this data and similar reports provide a compelling reason to buy silver for investment purposes concurrent to monetary metal and aesthetic/numismatic purposes. 

[SilverPunk]

7 minutes ago, HonestMoneyGoldSilver said:

Very interesting, ties in well with the video the other day from SDBullion shared by @HillWalkerDundee

China pleads for an honest silver market. - Silver - The Silver Forum

Unless silver price explodes and recycling becomes economically viable, we will run out of silver. As silver becomes ever more depleted the price will naturally rise and hopefully that will provide the incentive for recycling. Either way this data and similar reports provide a compelling reason to buy silver for investment purposes concurrent to monetary metal and aesthetic/numismatic purposes. 

yes indeed, i think we do need to look at recycling more silver, they do it with gold, i think silver wont be far behind, i think we have to continue to buy and stack if you can

[bluffer]

1 hour ago, Delphis said:

yes indeed, i think we do need to look at recycling more silver, they do it with gold, i think silver wont be far behind, i think we have to continue to buy and stack if you can

according to a quick search, they already recycle about 55% of silver against 20% of gold.

 

if china is squealing about something being unfair, they mean to them.  F888 them.

 

 

on a wider note, the more recycling of tech the better.  the amount of increasingly rare elements in phones / tablets etc being thrown away is going to bite us very soon.  even if its only 0.1g  of it, the price tipping point will come at some point where its easier and cheaper to break old stuff down than dig it out.  But back to silver, just get folk to give up all the old golf trophies, knives, forks, retirement platters..............

[Bigmarc]

11 minutes ago, bluffer said:

according to a quick search, they already recycle about 55% of silver against 20% of gold.

Does this mean that all new silver coming to market is made up of 55% recycled product? 

[bluffer]

3 minutes ago, Bigmarc said:

Does this mean that all new silver coming to market is made up of 55% recycled product? 

no idea.  depends how you also define recycled

 

https://www.statista.com/statistics/1231248/recycled-silver-volume-worldwide/

https://www.nytimes.com/2021/04/23/fashion/jewelry-recycled-gold.html

[Bigmarc]

3 minutes ago, bluffer said:

no idea.  depends how you also define recycled

 

https://www.statista.com/statistics/1231248/recycled-silver-volume-worldwide/

https://www.nytimes.com/2021/04/23/fashion/jewelry-recycled-gold.html

Interesting I will have a read up later. 

I'm not much of a believer of silver running out, you kind of see this narrative all the time in most sectors (oil, gems, silver) and it always seems to be the people that make money from selling that product pushing the narrative.

[SilverPunk]

yeah its an interesting read and watch, just makes you think how things could go either way, Keep Calm and Stack on!

[bluffer]

12 minutes ago, Bigmarc said:

Interesting I will have a read up later. 

I'm not much of a believer of silver running out, you kind of see this narrative all the time in most sectors (oil, gems, silver) and it always seems to be the people that make money from selling that product pushing the narrative.

take off the tinfoil silver hat and recycle it.  every little helps 🤣

[monkey]

I don't believe silver will run out, however I think there will be a supply shock due to demand spike. Industrial demand is going to shoot up as there is more and more pressure to electrify everything.

Mike Maloney has been talking about it for a while. Interesting link below.

https://odysee.com/@whygoldandsilver:1/900-silver-this-formula-shows-triple:5?r=43BVfA6NzGmvwwAqLvNcbA5GrUv3J2bB

[SilverPunk]

21 minutes ago, monkey said:

I don't believe silver will run out, however I think there will be a supply shock due to demand spike. Industrial demand is going to shoot up as there is more and more pressure to electrify everything.

Mike Maloney has been talking about it for a while. Interesting link below.

https://odysee.com/@whygoldandsilver:1/900-silver-this-formula-shows-triple:5?r=43BVfA6NzGmvwwAqLvNcbA5GrUv3J2bB

Hi Monkey, yeah interesting topic this one, i will take a look at the video cheers  

In other news picked up a kilo of fine silver grain today, so that means tomorrow is going to pour day! so i will be a happy bunny until next week when i run out  

[monkey]

3 minutes ago, Delphis said:

Hi Monkey, yeah interesting topic this one, i will take a look at the video cheers  

In other news picked up a kilo of fine silver grain today, so that means tomorrow is going to pour day! so i will be a happy bunny until next week when i run out  

Glad you managed to get more grain! keep pouring and learning. There are some good pieces coming through. .