There Is No Silver Shortage

[finicky]

No comment (except he's a depressing egghead)


[youtube]http://www.youtube.com/watch?v=6dBL2IY3pYo[/youtube]

 

[W0LFMAN]

Interesting, statements.

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

(o.o)

 

[Matthew 26:14]

Sounds like there's a dispute between proven reserves and amount thought to exist.

 

[DanielM]

There is a VERY BIG silver shortage.....at my house ..... There's not as much silver as I need

 

[mmm....shiney!]

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]

[/imgz]

So, are the fundamentals of silver holding true?

 

[tozak]

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.

 

[mmm....shiney!]

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.

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.

 

[Argent47]

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]