TOP 1% of Silver Ownership? - Silver's True Scarcity

In this video, I'm going to teach you how to calculate how many ounces of silver are in the top 1% of silver ownership.

Silver is plentiful? Silver is Scarce? Which is it?
Discover the truth about how scarce silver precious metal really is!

The debate on the scarcity of silver revolves around how much of it has been used up and not just how much has been mined and reserved.

[tomkeller]

Boy I really appreciated this discussion about scarcity. It helps me put my silver stacking into a better perspective. Thank you!

[thaboomer]

Thank you for the simple truth about silver. When the general public begins to understand just how rare silver is, the real run to silver will be something to watch.

[markhaseley]

Silver: Mined at between 7-8:1 silver to gold. Traded at about avg 60-80:1 silver to gold. Gold not used significantly in industry percentage wise, while about 40% of silver is lost to landfills every year. That makes the above ground comparison closer to 5:1 (imo), essential for medical and technological applications (Internal/external salves & medicines//solar panels & EV's etc). This year's deficit is about 142 million ounces according to the silver institute and others at current pace, so the commodity will be an interesting trade from May through December as the "manipulated paper" market gets challenged by real world physical commodity delivery issues.

[Dakiniwoman]

Silver is still readily available from the dealers, however, the premiums seem to have gone up quite a bit over the past few years. I would like to own 1000 ounces of Silver, but I still have a long way to go. I keep adding little by little...

[Catherine-pzgp]

I love what you said. Yes it’s being manipulated! I’m in Australia and there’s no problem getting it. There are a number of exchanges in my city to buy from. At times however there’s a 2-4 week wait for delivery of some items, so there is a demand.

[jackkonnof]

At least I'm in the top 1% of something in this world.

[dariusztrocyszyn]

Scarcity of silver is much grater. Majority is processted and lost. Not much can be recycled. There is a global deficit of 200-300M oz in just 2023 alone. The demand climbs where production decreases. Run on silver is just matter of time.

[jasonbuzzalini]

I love videos like this! It makes me feel better about my stack. I haven’t been able to add to mine for the past 2 years, but that may not be the problem I was thinking it would be after hearing this info! What I have should be just fine!👍

[frankgowalski]

Good analysis. I'm subscribing. Mike Maloney ran some comparative math about the price of "stuff" in the 70s and silver .... silver would be priced at about US$700 an ounce. Load up people while it's still cheap !!

[allen]

The cost to recycle is higher than the amount it can be sold for so almost none is recycled.
Over a longer time industrial use is close to 50 percent that is not recovered. That is why others who calculated the top 1 percent give a range of 370 to 450 Oz to be in the top 1 percent .

[macclark]

Looking back on all the years I made in excess of what we needed as a family. I made a commitment to set aside 10% into my own personal bank account. Now into 47 years stacking I can say my bank is 15, 750 ozs. of AG. No Brag just a lifetime commitment to retain wealth when so many relied on debt. We are now at the point of no return in the life we lead. GOOD LUCK to all you who’ve learned your lessons. This isn’t about the dollar, it’s about your Perception of value in a Fiat Currency.

[fudogwhisperer]

Gold silver will at some point in the future, in the destruction of all of the debt, will be unobtainum and unaffordium. After it all settles out and silver is used as money again, it will be common.

[simonmiddleton]

The exchanges are getting drained of physical metal at a rampant rate, we are in a currency collapse and gold and silver will be the beneficiary of it....keep stacking and if you haven't started then what are you waiting for....even if you can only afford 1oz silver per month, it will really change your life in the future

[jennifermcgeorge]

This is my first time viewing one of your videos. This was incredibly informative thank you so much! I would be curious to see what you think of the developments
yesterday and today in the increased price of silver and gold and where you think it might go.

[dangaines]

Nice video. Silver is more scarcity than gold since it being used for industrial use… Perhaps silver is more speculative while gold is more conservative as an investment… I like them both!

[wefromo]

Very interesting and helpful information. Appreciate your wisdom sharing on this issue. 🙂

[Piyush_jain_]

either gold is overvalued or silver is undervalued (it has to be one or the other), what do you think?

[charlesschulz]

So far i only accumulated 21 ounces of silver, a few 1gram bars of gold but also learning ewaste recycling for gold and silver as a hobby

[patrickzabron]

I’ve watched ALOT of silver/gold videos and I enjoyed watching this. Subbed

[SOURWYMAN]

I have a lot more than 7 oz., from my childhood days (born in 54) and stashed 90% AG 'money' through my teen years ~ do I have some yes, do I have enough no!~!~! What I do have is NOT FOR SALE and will be either passed on to family or used to support the education of grandchildren as they remain outside the public school system so that they can learn to think and NOT what to think.

Very helpful video and well presented!~!