1.7M people. The number of people required to buy 8oz of silver per month to buy up 100% of the ~160M oz produced yearly, but not used for manufacturing. - The Great Awakening

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1.7M people. The number of people required to buy 8oz of silver per month to buy up 100% of the ~160M oz produced yearly, but not used for manufacturing. (media.greatawakening.win) 💥 BANK COLLAPSE 💥

posted 226 days ago by MemeToDeath2021 226 days ago by MemeToDeath2021 +53 / -0

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– MemeToDeath2021 [S] 3 points 226 days ago +3 / -0

800M oz annual WORLD silver production, but only ~20%, 160M, is not consumed in manufacturing. Upside down on supply vs demand for 4 years straight and price has just nudged up maybe 30%?

Low price suppresses incentive for production, creating continuous shortage. This is not free price movement. We appear to be looking at 10 more years of supply shortage even if new mines were built starting today.

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