Bob Chapman's case for gold/silver shares

Discussion in 'Stocks & Derivatives' started by rbaggio, Jan 23, 2011.

  1. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,390
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Australia
    On the latest Goldseek Radio episode, Bob Chapman says:

    In 1921, 28% of the US population owned gold and silver shares
    In 1932, it was 20% of the US population
    In 1948, it was 30% of the US population
    In 1981, it was 26% of the US population
    Today, it is 0.8% of the US population

    Thoughts?
     
  2. mickjohn

    mickjohn New Member

    Joined:
    Jul 29, 2010
    Messages:
    619
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Canberra
    American population / (number of investors from the %)
    1921: 108,538,000 / 30,390,640
    1932: 124,840,471 / 24,968,094
    1948: 146,631,302 / 43,989,390
    1981: 229,465,714 / 59,661,085
    2010: 305,689,000 / 2,445,512


    was interested in the figures, so i thought that I would add them.... maths might be wrong (i think its good).
    Thats a massive drop! Another figure to consider is the amount owned by the individuals that are invested.

    Perhaps if the Kardashians or Justin Bieber were seen to be buying shares in gold or silver shares... they would get a small bump. Shares in Bvlgari and Versace may take a hit though
     
  3. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,390
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Australia
    It's the latest episode from here: http://radio.goldseek.com/

    It starts at 19m25s.
     
  4. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,390
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Australia
    Good pickup hobo-jo. I think this is still quite bullish for gold/silver stocks.
     
  5. dccpa

    dccpa Active Member

    Joined:
    Aug 29, 2010
    Messages:
    3,107
    Likes Received:
    8
    Trophy Points:
    38
    Location:
    USA
    I saw that chart on another web site a few days ago, but I could not figure out how to post it. I also listened to John Hathaway's interview by Eric King and he stated that gold, as a percentage of US financial assets, was only 5% (July 31, 2010) now vs. 22% in 1980. He mentions this about 8:55. That would only be a 340% increase from current levels. That would not come close to equaling the true increase in inflation since 1980.

    http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/1/22_John_Hathaway.html
     

Share This Page