Various mostly technical facts and data about gold and silver. So many videos on precious metals are mostly emotion, as an engineer with 35 years experience in primarily electronics but much research in metals I felt I could contribute important information the investing world needs to know but does not! When ten friends selected at random all told me they assumed there was about 50 times MORE silver in the world than gold based on the price differential! When the answer is there is 5 to 10 times MORE gold than silver! Very few apparentlyknow this! This and much more needs to be known by all investors!
CORRECTION: There is about 5 to 10 times more gold for investors to buy than silver. This includes bullion coins and bars. There is more above ground silver. The majority of it is not in bullion form (i.e. sterling candlestick holders etc. ) I know many reclaim silver used in jewelry but silver used in industry is another matter. I'd be interested to look at companies who do industry silver if any have Web sites.Photography used to be a major source of silver but with digital photography that market is almost gone.I've seen estimates of reclaiming silver from trash dumps using today's technology and they've been $10K to $20K an ounce. Pretty much a hand operation. For now I'll go with the many who say we're running out. There is a silver reclamation industry, they are refineries and even private individuals, I have a friend who refines himself in mass, when he has enough he has it further refined. People who develop film will save the silver halide crystals and have them refined. The problem is it is not yet cost effective to go through all the trouble of land fill diving.SILVER FOUND ALONG SIDE MANY METALS, FEW SILVER MINES ARE STARTED AS SILVER MINES. COPPER MOST COMMON. SILVER AND OTHER VALUABLE METALS FOUND IS JUST EXTRA PROFIT! REALLY "GOOSES" STOCK PRICE OF, SAY, LEAD MINE WHEN COMPANY ISSUES PRESS RELEASE SAYING "SILVER HAS BEEN FOUND". MAY ONLY BE 1000 OUNCES BEFORE VEIN RUNS OUT BUT SUCH VAGUE PRs HAVE CAUSED STOCKS OF BORING ZINC ETC MINES TO ROCKET UP 1000% IN MINUTES, ONLY TO CRASH WHEN VEIN RUNS OUT. OWNERS SELL STOCK QUICK!
OFF GRID SURVIVAL BLOG
Sunday, January 9, 2011
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Max Keiser : Bernanke should be waterboarded http://ping.fm/e9c6u
-
Stocks Beat Bonds Over Next 10 Years http://ping.fm/UMFn6
-
America In Decline - Glenn Beck & John Stossel | Gerald Celente Trends Blog http://ping.fm/yk8rs
-
Gold and Silver mini Rally | GOLD and SILVER MARKET http://ping.fm/IoLPI
-
Gold is sold out! Or so you might think if you miss the true nature of coin supply... By Miguel Perez-Santalla Over the last few years, duri...
-
Ron Paul Rally in Minnesota (St. Cloud) http://ping.fm/GFVSR
-
Jim Rogers : The Spanish bailout is going to make the collapse even worse http://ping.fm/7UKkd
-
2012 World Predictions by Psychic Joseph Tittel | Gerald Celente Trends Blog http://ping.fm/mgG7a
-
Taken from American Survival Guide Subscription address is: American Survival Guide Subscription Dept. McMullen Publishing P.O. Box 70015 An...
-
Why Gold & Silver - Melody Cedarstrom on Radio Libery 23 June 2011 | Gold and Silver Blog http://ping.fm/49SFz
-
-
👉The Coming Inflation to Set Gold Prices on Fire !! - 👉The Coming Inflation to Set Gold Prices on Fire !! The value of all gold mined worldwide over all of human history: $12 trillion. The value of fiat curre...4 years ago
-
Survivalist Mentality - I'm more of a contemporary survivalist. I am prepared for a nuclear holocaust hell I could survive a zombie apocalypse. I am mostly just prepared for my o...13 years ago
-
No comments:
Post a Comment