So I wanted to post this article Anons to keep our eyes on The Plan, and it moving forward. It has some of the main ideas of what will cause it all, so please dig in to piece other articles or info in that gives support, or debunks what may take place. One of the last events towards the end in The Plan and Great Awakening is a sever economic collapse. Or at least a decent drop worldwide to piss everyone off. China has that big company collapsing, and our Feds of course are fighting over the debt and future spending. So heads up Anons, be diligent and keep us all informed. (Edit) I added two more just for more sauce my frens. WWG1WGA.
https://charleshughsmith.blogspot.com/2021/09/the-market-crash-nobody-thinks-is.html?m=1
Wrong there is a ratio of for every ounce of gold mined, 10 ounces of silver are mined; and scrapped jewelry silver and gold is at the same proportions.
I was unclear I guess, silver is used up,in industry.
Stockpiles of silver are much less than gold,which just sits in vaults. And most of the easy silver is mined up. And the price has been so low that miners are barely looking for it.
Once again, you are wrong. I have been in the PM recycling sequence for over 20 years and I can tell you that way more finished silver gets sent to refiners from scrapped flatware and silver tableware, silver jewelry a close second. The buyer I am the most familiar with has told me of silver transactions in the 6 digit $$ amounts. We are talking just about America here and if you do some simple research on scrapped silver tonnage per year, you will be very surprised at just how much ordinary people find and scrap-going to pawn shops, having a connection to a refinery for the 94% of spot payout.
I know many people that rely on thrifts and flea markets for sources of cheap bundles of jewelry for scrap. And here in the Front Range, a regional thrift store group has, since 2019, been sending donated gold and silver to a refinery. I used to get an ounce of gold and a pound of silver a month, but no more...since the house arrest of the nation, my revenue stream has disappeared.
So, your knowledge of silver is at best, a half baked notion. Scrappers comprise the single largest supply of above ground silver..
Run the numbers,above ground silver is much less than gold. Your post doesn't refute that.
Seeing what you want to see is a case of being obdurate, we are finished here. I will take my 20 years of actual experience to your faulty reasoning any day..