Sunday, May 19, 2024

 

Thoughts about silver:

  •  It is at three year high
  • According to the  silver institute 2024 survey, world silver supply is forecast to post a 6th year global supply deficit.
  • The 2024 deficit being 265 million oz.
  • Amounting to more than 1 billion oz over the past six years.
  • The gold-to-silver ratio in the earth's crust is about 1:19.
  • (now, just for giggles, dividing $2461 gold by 19 = $129)
  •  Ratio

  • Silver

  • Btw, Copper above $5

1.   


  • Intersting Chart from Jefferson Lab and Silver Bullion


  • You want to seriously giggle some more? do a copper price silver price division using above data.


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