World Silver Supply Approaching Zero!

[cosmosgato]

You've come a long way from this crap baby.

Congrats!

[propertygeek]

would you be interested in minting your own 1oz silver rounds ?

[k3304]

$42 and climbing !!

[Nathan21122012]

Crash JP Morgan, Theiving Bank Cartel. Buy Silver. Google find out how this will collapse them, and give you large returns. I am from Canada - not a Spam-BOt. It makes me feel very good to do this. I will post this on random video's with much viewing potential. DO not comment please, Just research JP Morgan corruption. Observe the silver trends, of late. V! Heres to fighting the SYSTEM! I am simply informing those who wish to listen. PLEASE COPY AND PASTE VIRAL MESSAGE AT RANDOM, (FOR CHANGE)

[BackInsight]

Feds plan to enact taxation of silver transactions next year because they cannot keep the prices down so they know the price will skyrocked in 2012. They will get they percentage cut.

[Redpulsar2011]

Scuse my english... Silver is not as rare as some people want to let know us. Don't let you manipulate by number. Yes silver is rare when it's time to mine it but... did you know the majority of silver produced come from the waste of other rafined metal like copper!?

[wesleytarbuck]

I think we can all pretty much bet the US is stuffed by now, what i'd like to know is your predictions for the australian economy during this.

obviously commodities will sky rocket, thats an international thing, but we never really had the full force recession everybody said was going to happen.

some people are saying silver could get to 50,000 an ounce, do you believe it actually could?

Do you think there is a serious likelihood of war with china during this time, since we are US aligned.

[tonyciv4]

How is silver almost extinct? Production is up each year, at a time when silver was not so economical to produce (5-20ish dollars).And the demand for silver is falling, yes falling, a major use for it was photography about 25% only 10 years ago, down to about 8% today.It's use in industry has remained roughly flat (and fell a little during the recession).For the price to move up significantly many more governments and citizens have to start hording silver - Hence these youtube videos are made!

[stellaconcepts]

@tonyciv4 how is demand falling when the price doubled in 12 months. sounds like demand to me :)

[tonyciv4]

@stellaconcepts Sure there has been a surge in investment, like everything speculation can drive up,but unless there are underlying fundamentals supporting the rise in price it will ultimately come down again.Was it an increase in demand that sent oil to $140 a few years ago?I believe the price of silver will continue to increase, steadily for now before eventually coming back down, but it will never go to the moon without the fundamentals supporting it.900m oz a year is hardly approaching zero.

[jmcclellan54321]

@stellaconcepts Isn't the demand for silver fueled more by the weakening dollar rather than it's industrial use?

[barnml2006]

@stellaconcepts Its always in demand. Maybe "tonyciv4" ment its not in as much demand today as it was in the past. due to upgrades in cameras, etc.

But i do agree with you since more silver was mine in 2010 than 2009. plus china holding silver.. its obviously becoming more valuable. So china being one of the worlds biggest produces in products, much has something awesome in design making to want 2 use mad silver...

[acuriousbeast]

@tonyciv4 the demand hasn't fallen. There was a dip in price in 2008 due to recession fears however silver demand is up according to most sources. Going extinct probably not, some minerals do, but silver is probably not one of them. Some of the projections done by the USGS survey might indicate that but were done before some significant strikes were found. While some sizable ones have been found it should also be noted grams per ton is going down and most silver mines have a 10 year mine life.

[acuriousbeast]

@tonyciv4 sorry didn't realize how old this vid was.

[chatsworth777]

In 1964, JFK started printing U.S. notes backed by our 4 billion ounces of silver. He was killed a couple months later. LBJ stopped the printing 11 days later. The PTB sold off the silver to make sure that no one else got any bright ideas. It took a while to sell 4 B ounces. It ran out Nov of 2005. I bought 2 weeks later. It's been on a tear ever since then. No big surprise. On of the new, big uses of silver is for anti-bacterial clothing. A LOT of silver is used in electrical contacts.

[matt79hz]

Hey man -so exciting to buy Gold and Silver .. theres some that joke about, asking what the hell are you gunna buy with it .. but look at money ?! how useless is that - it's paper after all.. Well I've had kilos of it in storage for quite some time and now I've just asked that it be delivered .. and bought a heap of smaller coins to go with .. be nice to get some eagles/maples though - do you get these in Aus ? or directly from OS?

[SilverEconomics]

Silver Is the absolute best investment for the 21st century! The opportunity we have today is a once in a hundred year phenomenon.

[SilverEconomics]

Silver is being used and manipulated by Banksters! 90% of all silver has been consumed and used in gizmo's and gadgets, leaving it in landfills and trash dumps. Most of this silver was in very small quantities making it unworthy of reclamation at today's prices. I am sure that when silver hits $1000 plus per ounce there will be some innovative efforts made to get some of this back. HAHA

[drewzillasaurusrex]

If there were 12 billion ozs. of Ag in 1900 and there is only 1 billion now where did the rest go? It can't just disappear. Don't get me wrong I am bullish on silver but I think this is a legitimate question.

[stellaconcepts]

@drewzillasaurusrex its in mobiles, computers, appliances, batteries, medial, photography... ETC - its used in about 10,000 unqiue applications.

[boochieboy814]

@stellaconcepts So, it's not truly WIPED OUT OF EXISTENCE,,,it's just in landfills. I wonder if when the supply runs out, which it eventually will, if people will start "mining" the landfills trying to reclaim it...lol. I'll stick with buying now while I still can,,,,,and leave the rest to the "garbage pickers." I actually hope the price manipulation continues.....keeps the knowledgable people's costs down in the meantime until silver skyrockets. I'll buy as much as I can!

[lamchee58]

@stellaconcepts against this,the massive use of silver in photography & radiology is nearly over.

[martinzwanenburg]

@drewzillasaurusrex

look at my video response, it explains it all!

greetszzzz

[usspeculator]

Your kidding right? Are you aware that 27.6 billion ounces of silver has been mined since 1900 alone? That's 850,000

metric tonnes. The SLV trust alone posseses 300M ounces.

[Seano71]

Is it crazy to think within 20 years silver will be worth over 10K USD an ounce? Something similar happened to rhodium

[SteveBKNY]

Perth Mint baby!

[hugiaino]

Bullion Mart? You must be crazy - their prices are way out of line compared to APMEX and GoldenEagleCoins. They have a 50% spread between buy and sell! Duh!

[zx900steve]

john, love your vids... get a better mic though... very muffled and low volume quality.... keep up the great work!

[ripperduck]

Interesting article in The Huffington Post regarding the difficulty the Comex is having in fulfilling gold delivery. It's a mainstream article which ratifies what you have been saying. Could you boost the sound volume on this post...

[Bobster986]

There seems to be plenty today. So what's the deal?

[stellaconcepts]

"plenty" is relative.

nothings changed.

more investable gold around than silver : FACT.

[lXlRIVERlXl]

@stellaconcepts Silver is the rarest metal on the planet, it will go to the moon, then it will go to the sun, then it will leave the solar system.

[ziparmux]

@Bobster986 Silver is a totally disposable product used in countless industrial processes. There isn't much silver left in the ground, in fact silver is practically 'extinct'. Yet the demand for it is ever increasing, especially as China and India catches up with the West in respect of buying electronic goods. The artificial manipulation of silver prices cannot last too much longer, it will go ballistic in price sooner rather than later. Silver cannot stay at these low prices much longer.

[lengthyounarther]

I listen to Ron Paul enough to know what happened in the early 70's

[Tigerpaws9097826]

Very insightful video - thanks for making it available.

[Tasadaru]

In Mike Maloney's book "Guide to Investing in Gold and Silver" he cites the USGS that says that there are 25 years supply of silver in the ground and 30 years supply of gold. So, if gold is saved and silver is saved AND consumed, does that mean silver will PERMANENTLY be more expensive than gold? Go ahead and reply directly.

[TheTrueJBV3737]

@Tasadaru yes it does, silver might very well go near 1:1 ratio, but alot of people will learn to salvage from broken products such as cell phones and pc towers to salvage silver/gold scrap. still, drop the fucking worthless paper., unless your out of toilet paper, 100 dollar bills will work fine for that when shit hits the fan.

[crispymidget]

OH!!! you said peter schiff... you have my vote!

[rjwilds]

I'm a silver investor as well - I like the effort you put into your videos. Can you do the silver investment community a favor? Don't say things like, "charts don't lie." Holy crap man... It damages your credibility. Otherwise, thanks much for your efforts.

[stellaconcepts]

what do you mean - charts DON'T lie.

they might be telling you something you're not seeing - but they never lie.

[stellaconcepts]

opps - i accidentally hit remove instead of reply. i guess i come from a trading background (we look at charts to assess current trends, swings etc) and a saying is "a chart never lies" - insofar as stocks - the price is the price and thats a fact... and old saying - and one I've carried over.

yes, indeed, in hypothetical charts like the silver above ground one - its not the right phrase to use.

HOWEVER - that particular chart is agreed on many in the industry to be accurate.

[phatcheck]

You are saying there is 5 times as much gold then there is silver?

[stellaconcepts]

above ground - YES! check out the vids mate - all in there. Silver is an industry metal that is consumed - wiped clean off the face of the planet - gold isn't. gold is horded in bank vaults. all explained in the vids - no point rehashing it all here..

[phatcheck]

I don't get it. There is way more silver in existence then gold. Way more being mined.

[stellaconcepts]

You'd think so! There is more underground - but there is less up top - 5:1 gold:silver at the moment.

Not much being mined either - as a lot of mining companies can't get credit to start new mines etc.. its all in my vides.. watch em all.

[andrewsltd]

Wrong!

[stellaconcepts]

thanks for your thought provoking response.

[crispymidget]

RIGHT!! seee I can do it too!

BRILLIANT!!

We can all make any sort of remarks without having to say more than one word. Props to the video maker.

[alienresearch]

Peter Schiff was reffering to asian currencies such as the chinese yuan , vietnam dong etc. that are being held down underwater like a "beach ball" , (that's the term he used) for a long time & once their released they'll shoot up like a rocket , - released from the currency's USdollar peg !

[stellaconcepts]

ah thats it!

[alienresearch]

Was'nt trying to be a know it all , just wanted to let you know what it was he reffered to , anyway , keep up the good work , & keep it coming !

[Eggy0]

What do you think is happening to the silver?

ie how is it getting continuously 'used up' after it is produced?

[Eggy0]

ok, I've looked at your other videos and can see that the silver is being used in industry.

Your graph shows mined values. But silver is an element and cant be destroyed, only made difficult to reclaim.

So next question is what is the silver reclamation level?

Apologies if you've already addressed that somewhere - I'll do another comment if I find out myself.

[stellaconcepts]

Eggy0,

It's easier to mine out of the ground than to reclaim. It's used in so many appliances, applications etc - but in terribly small quantities mostly that the cost to reclaim far outweighs the cost of mining or resale value.

For example, did you know silver is used in every keyboard as the conduit under each key? Now before you start ripping up old keyboards, its such a small flakey piece per key its cost to reclaim is tremendously huge compared to its cost to produce.

[cds10690]

silver appears tp be moving up off it's low

just wonder how high it will go...

[stellaconcepts]

i think we're looking at $14 in the short term.. but we ain't seen nufin yet! ;)

[cds10690]

well everytime it makes a move up.. the powers that be force it right back down..

14$ would be a good start..

I want it to climb to over 30 (as have been promised by others)

[davincij15]

Nice chart I like that, good video.

There are more ways than you descibed that caused the suppression.

1. Silver certificates

2. Unbacked Silver pooled accounts

3. Futures contracts.

4. Other paper silver accounts.

1% of all silver investors actually have position of real silver.

Look all this stuff up and talk about it.

It is mind blowing.

[boonepickensoilman]

Fantastic job here...by all means keep the videos coming! Thanks!

[JurkoffJay]

That chart says there's more gold than silver.... That can't be right mate... can it?

[JurkoffJay]

I don't think silver will ever be worth more than gold. It's just wouldn't make sence.

[stellaconcepts]

Thats the point mate... there is more gold than silver (above ground)

[JurkoffJay]

oh. So there's more silver than gold still. They just have to did it up. Right?

[davincij15]

The information is accurate.

Got silver?

[JurkoffJay]

What I'm saying is that there's still a lot more silver than gold. That just have to mine it. Right? Is that what you guys are saying? Or are you saying there's more silver than gold period.

[stellaconcepts]

yes, underground there is more silver than gold and yet year after year we're using MORE than what was mined. it cannot be mined fast enough.

I'll do a video on how silver is mined and why it doesn't come out of the ground faster... fascinating stuff.

[JurkoffJay]

That would be cool... AND!...  Can we see your silver collection? (8^D

[stellaconcepts]

lol ;)

I have 33kgs arriving next week plus three bars I bought off ebay - once I have them I'll do a collection vid ;)

[JurkoffJay]

GEEZ! I can't wait to see it all.

[ThizzFaceOffNike]

me neither lol cheers stella

[prepare2008]

how many ounces would you say you have? ive heard jason hommel has alot and some guys on the silver seek forum have alot of ounces some people are going to be seriously rich when this market goes!

[lokir]

Great video mate.

[fuzzywzhe]

Theories? You know about the Hunt brothers don't you?

The Hunt Brothers did NOT corner the market either, they just insisted on delivery for the silver they bought. Nobody objected to them purchasing the silver, but they had a problem delivering it, that's why what they did became "illegal".

[cvenzke410]

Such as the government's central bank manipultion is doing to the markets or the COMEX right now. He's saying once people want to cash in these fake IOU shares. That's is when silver will climb throught the roof. This gentlemens views are right now to the "T" and I would recommend for people not to walk to buy physical silver in your and I would freak'in run as fast as you can and buy as much as you can afford. The perfect storm is coming and it's not far away. Within about 4-6yrs away !!

[stellaconcepts]

yes - I know about the hunt brothers... but why did they try and corner the market? Story definitely deeper than the official.

[fuzzywzhe]

> yes - I know about the hunt brothers... but

> why did they try and corner the market? Story

> definitely deeper than the official.

They didn't try to corner the market, they just recognized that silver was undervalued and worked with a bunch of Arab investors to take delivery of the metal.

Eventually, they weren't allowed to take delivery of the metal at all and were forced to settle for cash. The paper market was crashed, and they were bankrupted.

[stellaconcepts]

I think anyone trying to buy up world supply is trying to corner the market ;)

Think about it - someone buys up lions share of a commodity because its undervalued, then they can name their price for sale of it.

They tried to corner the market..... Not that I have a problem with that... its a free market (or so we would be lead to believe)

[fuzzywzhe]

> I think anyone trying to buy up world supply

> is trying to corner the market ;)

Don't you think that if it's possible for somebody to buy up the world's supply of a particular commodity that it *might* be undervalued?

In 1980, people were lined up along the street selling silver to dealers when prices hit $40.

You know what it would take for Americans to use up the entire world's supply of silver for a year? About $22 each - 2 ounces per American.

[stellaconcepts]

"Don't you think that if it's possible for somebody to buy up the world's supply of a particular commodity that it *might* be undervalued?"

Yes.. I do - what exactly do we disagree on? ;)

[fuzzywzhe]

> what exactly do we disagree on? ;)

I think we disagree on what corning the market is.

The Hunt brothers weren't corning the market, a bunch of banks were and still are.

The problem with corning a market it is that you're fighting market demand for price discovery. You can frustrate the law of supply and demand, but you can't repeal it.

[stellaconcepts]

They both tried cornering the market in my opinion... but the bros weren't allowed to (bigger forces as play).

Unless they had a use for all that silver, then their purpose was to corner the market... I dont have a problem with what the boys wanted to do however, I do have a problem with the banks doing the same... at least the bros would have discovered true market price by cornering the market... whereas the banks job is to manipulate it down)

[fuzzywzhe]

> whereas the banks job is to manipulate it down

You can only manipulate it for so long.

Because our banking system is trying to suppress the value of other currencies they are going to go bankrupt at some point.

When they do (and they are just beginning to now) it's going cause havoc. They might be able to pull out of it. Time will tell.