Silver Shortage? Then Why isn't more being Mined?

[polygamous1]

i be disapointed if silver doean't reach parity with gold in the next couple of years withut silver modern industry stops its this vital gold its not 

[throwerofturds]

great video !

[jimbobubbadj]

Silver is mined mostly as a secondary product. mineral depletion: cache(dot)gawker(dot)com/asset­s/images/gizmodo/2009/04/26051­202.jpg

[SidneyBou]

You are not mineing silver because you don't own a mine. Does that make sense to you? People who own mines can wait till the silver is worth more thay have printed many many dollars so you know dollars will be worth less.

[polygamous1]

@SidneyBou its because where the silver is now too DEEP its more expensive to mine than the selling price at this moment but whatever happens remember that 90 of all silver mined is used by industry its gone n almost all the gold mined its still in existence the silver institute will explain how Vital silver is to industry

[bweazel]

Because there isn't a shortage.

[oak415]

@bweazel If there's not a shortage then explain why Mints around the world cannot keep up with demand? Pretty sure that's a dead on definition of what a shortage is my friend.

[sscam2001]

Mining for silver is mostly inelastic. Meainf that 70% of the silver that comes into the market comes as a by product of other mining activities. So only 30% of the physical silver mined each year is done by primary silver miners. These 30% of silver producers might well step up production, maybe they can even capture 50% of the silver production in a year, this still means half the silver dug up was done so with no regard to the price whatsoever. Buy Silver CRASH JP MORGAN

[pilotl1011]

you all seem to forget that politicians can change laws overnight, if you think world governments will let silver run to $700 and gold to $5000 you are living in dreamland. They can say-you can only sell futures but no buying, confiscate your coins etc,

[js1112111]

Simple Economics 101. The manipulated price is too low for mines to profit at this price,in return it creates a even more severe shortage. Very simple but a great investment,even if 200 mines opened up it would takes years to flood the market,the only thing to fear about silver would be law and ownership changes,besides that it is close to a sure thing.

[ImyManz99]

Rice > silver, gold.

[undregroundfreedom]

silver will get to high hundreds of dollars an ounce and then drop as soon as supply increases in 5 or 6 years

[barnml2006]

@undregroundfreedom is the u.s. wants to get out of debt by somehow rasing the price of silver and giving it 2 china.. possible.. but realistic??? look at everything that would half 2 happen to make that work... thats not logical.

[vangalex]

I've been awake to the market manipulation for over a year. However, I learned an incredible amount from this video. Thanks.

[TheCashistrash]

oh noes the world is coming to an end as we know it. look up agenda 21.

[TheCashistrash]

This is more than just the devaluation of world currencies, look up climate gate and also agenda 21. Illuminaughty are hell bent on deindustrializing the United States and reducing population by making things so expensive people won't even be able to afford food and housing. If you guys notice food inflation is going up faster than price of gold and silver. Everyone should get ready to downsize their lifestyles.

[nameofthepen]

Kewl! And the vid, like the metal, has held it's value all year. ;-)

[raymondk2005]

Good info buddy, You're one of the reasons why i started to buy lots of silver, so if i go broke, i know who to look for, only kidding. You look like my cousins husband and have the same mannerisms... oh and his name is John too.. keepem coming mate.

[kjdyatta]

you definitely know your stuff!

thanks for the vid i was often wondering why the price of silver was so low. you certainly hit upon trends that seem to me to explain quite nicely.

[fox20012]

You know who I blamed the Retarded miners, stop fucking selling if its undervalued

[barnml2006]

@fox20012 couldn't of said it better myself. They should all go on STRIKE!!

[fukthnwor]

WAKE THE FUDGE UP!!

youtube

TheAlexJonesChannel

why the Collapse

Will tell you all u need to know the who // what // why!!

there's good info get the word out

[superpunchy71]

Silver doesn't get mined because it's price doesn't make it worth it. The price of silver is way too low for most people to even give any regard to and has been kept low for decades in order to keep fiat paper currency dominant in our lives. When we go to a one-world currency, everyone will learn the hard way what real money is in a hurry, when their collection of paper fiat notes becomes worthless.

[NonJudeoChristian]

Where should silver BE?

[BrotherJohnF]

5X rarer than gold = 5-6000 and oz

[ChristianArmorOfGod]

more

[barnml2006]

@NonJudeoChristian Where silver price should be doesnt matter.. cuz its not there! someone said earlier higher gold and silver less valuable fiat currencies... make sense?? i.e. silver manipulation.. read comments, watch videos, do homework...

[barnml2006]

@superpunchy71 more silver was mined in 2010 than 2009.. how is less being mined?

[stealinator]

Im thinking both Au & Ag are going to tank and alot right before they take off to find their respectible quase' true price. This is strictly due to bailouts worldwide, the more the US has to (they are so wrong too, but another tell) the rest of the world has too to keep their fiats from depreciating. I hope for a big rally in fiat! keepn my powder dry at moment.

[kricke243]

Thanks for you videos, they are great!

I'm buying silver (and some gold) because I think it is impossible that it goes any lower than it is today (in purchasing power, if dollar make a fake short term rally again, it will go down compared to the USD, but not compared to SEK or AUD) and I think all fiat currencies will have a lot of inflation to pay for Obamas bridges and roads et.c. So I think silver is good for that reason alone.

On the other side, I also think a strong appreciation (cont.)

[kricke243]

...is very possible. Like you say. That's why I buy mostly silver and almost no gold (even though it is VAT on silver in the EU). I've done some "research" and as you say there is a lot more gold in storage than silver, the value of that gold is enormously greater compared to the silver. However, the silver institute claims there is a "Implied Net Investment" 2003-2007? More silver produced than consumed? What does that mean? Is that including fake short-sales? (cont.)

[kricke243]

Mining cost is also interesting for price, 1-10 USD / oz for silver, 200-800 USD/oz for gold, but that is obviously a function of current market prices. If prices were 100 USD/oz for silver, the cost of mining would obviously be higher because it would be worth while to mine in areas with lower content. Also: a silver mining cost of 1-2 USD/oz (or even negative which I have seen reported) is misleading, because, as you say, they pick it up as a bi-product in most mines.

[davincij15]

Good video you should also point out the CFTC has bank participation report that shows that 1 or 2 banks are on the short side of silver at 25% and 100% of all commercial companies.

[stellaconcepts]

your right... u know there are so many things depressing the price of silver that one can easily forget one or two here and there ;)

good point obviously... yes, there are a few banks with MAJOR shorts (very disproportionate to the longs)

However, I think the reason (at least one) of why they are short is that they understand how the metals leasing oversupply will depress prices over the long term and as such - you're more likely to make money going short than long....

[stellaconcepts]

plus watch out when those shorts have to cover! boom!

[davincij15]

That assumes the CRIMEX with the CFTC will force those shorts to cover. Remember with criminals running the show anything is possible.

The end of the day the end result will be the same but you can bank on it not working out they way your think it will.

[ltse]

As Ted Butler says, when that happens silver will be at $100/oz in a flash.

[mallamoozoo]

when what happens?

[stellaconcepts]

when the shorts have to cover

[tyronebiggums3]

You really need to check your microphone level. It's way too low.

[stellaconcepts]

with volume up on full it plays back at a fine level - if not too loud... maybe check ur volume settings?

[Frequencitee]

Additionally, I am researching the number of patents pending that require Silver in order to produce the end product. The largest emerging market I see is high-grade Poly Crystalline Silicon primarily used in Photovoltaics, but as well in semiconductors for processing, whether in the PC or a cell phone. There is as much as a ten-year backlog for the high grade stuff.

[stellaconcepts]

keep me posted on that - very interesting - when you get some research ill present it in a video here on your behalf.

[Frequencitee]

Side note:

China is and will remain in it for the long term. They have been buying precious metal aggressively for over a decade. The Chinese Yuan is not pegged to the dollar or crude oil, so there is the possibility that they may opt to peg the Yuan to PM's in the future.

I buy Chinese pink sheet mining stocks OTC because, long term, I have a position in China's wealth strategy. They will own vast swaths of U.S. territory without firing a shot. In a worst case scenario, I buy from them.

[143DREWID]

People still believe that the US dollar has value. HHmmm? An IQ test is needed, alongside shock therapy. Here comes the 1st shock therapy session people... US treasuries DONE! Buy silver.

[JurkoffJay]

Silver itself isn't going to got up for any other reason but inflation.

[stellaconcepts]

.... because?

I mean there is plenty of arguments for - please give us some reasons against?

[JurkoffJay]

Industrial uses for silver will decline naturally with the decline of the dollar. There will not be Industry left to want it. The citizens will be to broke to buy by the time they figure silver was a good investment as well.

[stellaconcepts]

Mining is also declining - companies going out of biz.... so there is less mined. the Citizens in the U.S. might be too broke but dude - the world is bigger than the US.

[JurkoffJay]

Yeah but other citizens wont have the money for it either. Australian people will be suffering from the economic callapse, so they'll be too broke too. Same with Europe. Asain peoples will have no need for the metal for the fact that thier currency will flurish.

The silver users to silver mining decline ratio is heavy on the silver users side. You know that. Mexico mining (#1 silver producer)is still turning up production as well.

[JurkoffJay]

I don't know where you get your facts from over in Australia, but my facts are adding up differently. I'm not saying the shit aint going to go up or anything, because I'm a silver owner to now. I'm just saying it aint "going to the moon" like you think it is.

I'm looking for silver to get to $50-$75oz tops! Which aint bad, but it's only because of inflation.

You know what I mean mate?

[stellaconcepts]

Well if you get your 700% then you have to be happy with that... I dont know where it will get to, but it has gone higher than the price of gold once in history - and I think it could do it again when metals leasing unwinds... but im selling at 10:1 (gold:silver) so for you to be correct at 75 tops - it means gold is at 750 (lower than where it is now)

Most analysts worth their salt are predicting gold to 2000 this year... im predicting 10:1 this year or next.... Silver $200 min.

[JurkoffJay]

That's pushing it to me, but some niggas like Micheal Maloney thinks silver can get to 1000 an oz though. That's buggin the fuck out if you ask me.

Jim Rogers, and Peter Schiff don't talk about silver anymore. They run around that particular metal.. they'll talk about gold all day though. I wonder why that is?... I don't know. I find it odd is all. Peter Schiff said "Gold and Ss.." on one of his talks. Why wouldn't he say silver too?

Hmmm.

[stellaconcepts]

who knows... not everyone is aware of the silver deficit... but i have heard shiffy say that silver IS a better investment than gold... can't remember which one unfortunately.

Whatever happens - I think we'll all be happy in 12 months we have our stash.

got me another 100 ounce bar last wekk - and a few kg coins... giddy up... those bad boys are NOT being sold under $80 per ounce.

[JurkoffJay]

Damn yo. You a greedy nigga son. What the fuck do you do for a living to get all that money? And are the hiring?

HAHA!

[alienresearch]

type in "Peter Schiff on Gold and Silver" in youtube search box , thats the video where he says " i see a much bigger move coming in silver" " if gold goes to $5000 an oz , silver could be at $500 an oz " . . . . . keep up the good work stellaconcepts i like your videos , very informative

[opie314]

@JurkoffJay I have heard the question put to Peter "what about silver?" when he was talking up gold, and he said something like, "silver might be a better investment because it's well below its all time inflation adjusted high". And if I remember correctly I think that I have heard something similar from Rogers.

[NonJudeoChristian]

Please expound!

[tradergee1]

I think more importantly the fact that industry has already used up so much Silver that the above ground supply is still declining. Just because industrial use will decline won't mean that supply won't still be heading to zero. I think Silver is traveling through a major wedge where diminishing supply, artificial shorts and increasing demand are headed on a collision course.