Unless I’m reading that wrong, there’s more readily available gold than silver in the world? Being it deteriorates and requires extra costs of recycling that current price doesn’t justify? At current industrial demand, which is rapidly increasing, they’ll being spending whatever it takes to recycle whatever they can get there hands on here in like 5 years. My other post had chatgpt saying current silver supply will last at current rate of use 1.78 years.. which take chatgpt with a grain of salt and all but still. Silver’s largest consumer is electrical manufacturers, as the best electrical conductor it can’t just be replaced at a certain point. Gold’s largest consumer is jewelry manufacturers for reference. I’m sure that it’s nothing. Just going to keep stacking.
submitted by /u/donutcarrotolive
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