There Is No Silver Shortage

Discussion in 'YouTube Digest' started by finicky, Jan 23, 2013.

  1. finicky

    finicky Well-Known Member Silver Stacker

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    No comment (except he's a depressing egghead)


    [youtube]http://www.youtube.com/watch?v=6dBL2IY3pYo[/youtube]
     
    finicky, Jan 23, 2013
    #1
  2. W0LFMAN

    W0LFMAN New Member

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    Interesting, statements.

    Seems the guy has a point he wants to get across.

    (o.o)
     
    W0LFMAN, Jan 23, 2013
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  3. Matthew 26:14

    Matthew 26:14 New Member

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    Sounds like there's a dispute between proven reserves and amount thought to exist.
     
    Matthew 26:14, Jan 23, 2013
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  4. DanielM

    DanielM Active Member Silver Stacker

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    There is a VERY BIG silver shortage.....at my house ..... There's not as much silver as I need
     
    DanielM, Jan 23, 2013
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  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    World silver reserves at 570 000 metric tonnes from 2004 - 2009? You mean there was no decline? Nooooooo, it can't be!!!!!!! That's impossible!!!! Father!!!!!!!!!!

    [youtube]http://www.youtube.com/watch?v=cbeR6uYxU50[/youtube]


    :lol:

    And an update, note the change from 2009 to 2010, and then an increase again. I don't know how they arrive at those figures, but they're scientists so I guess they know best:

    Mining production:
    2009: 21,900 metric tonnes
    2010: 23,100
    2011: 23,800
    World reserves:
    2010: 510,000
    2011: 530,000
    2012: Not released yet

    Link? Do your own detective work. It's not hard, if you have any brains.

    Now where's is that Marionette vc? Time to post another of your sarcastic plastic pop Youtube videos masquerading as wit is it? LMAO. Or will you be doing this again vc?

    [imgz=http://forums.silverstackers.com/uploads/753_screen_shot_2013-01-24_at_70730_am.png][​IMG][/imgz]

    So, are the fundamentals of silver holding true?
     
    mmm....shiney!, Jan 23, 2013
    #5
  6. tozak

    tozak Well-Known Member Silver Stacker

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    I love this guys quote;

    "If Ted Butler wasn't trying mislead anyone or distort the information then......"

    Meanwhile the USGS releases the following Reserve Bases

    1996 - 420,000
    1997 - 420,000
    1998 - 420,000
    1999 - 420,000
    2000 - 420,000
    2001 - 420,000

    Who is trying to distort or mislead people? So either we just by magical chance re-discover the EXACT amount of mined Silver every year or they are just lazy or misleading with their own data.
     
    tozak, Jan 23, 2013
    #6
  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Bizarre hey?

    The latest figures from the USGS have shown a change though.

    It's a bit like how the Silver Institute's Supply and Demand figures are perfectly balanced each year, meaning all demand is met by available supply.

    At the very least, if you are using "supply/demand", or "known world reserves v silver usage" as one of the key fundamentals as to why you invest in silver, then you may very well need to reassess your strategy.
     
    mmm....shiney!, Jan 23, 2013
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  8. Argent47

    Argent47 Member

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    BJF did a video about why this video lacks credibility. First thing is that it was sponsored by Forex traders. And look for the Raw Dog comments :) Personally, I do not believe there is a shortage.
    [youtube]http://www.youtube.com/watch?v=6M5EMyt3kLc[/youtube]
     
    Argent47, Jan 27, 2013
    #8

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