/biz/ - Business & Finance

Anonymous Mon Feb 1 12:12:49 2021 No.27377574 [View]
File: 1.04 MB, 946x5533, Screenshot_2021-02-01 How Much Silver Is Above Ground.png [View same] [iqdb] [saucenao] [google]

>>27377226
That paper to physical ratio sounds like it's for bullion markets though, while the article emphasizes that there is a shitton of jewelry and silverware that could be refined if prices rose significantly and people started selling for scrap.

>>27377207
See pic related for the article. I agree in principle, since refineries can only work so fast, but refining jewelry and spoons doesn't seem that difficult overall, it's not like most of the silver is held in trashed electronics

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