Replies (12)

ATV85's avatar
ATV85 1 month ago
It’s a byproduct of other metals. New mines take several years to start producing. Look up how much above ground gold exists
It is. But if the price goes thst can change. It doesn't take several years to start mining anything. There are companies that have the land and the equipment today, but don't focus on it. We don't really know how much gold or silver are currently out of the ground. But that does present another layer of risk. What price does it need to be for individuals to start cashing in their silverware or jewelry. People have attempted to run the price of silver before and lost, badly. If the market wants silver on the market, silver will come to the market.
↑