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Thread: Investing in Precious Metals
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2 July 2019, 16:40 #11
Back in the early 80's silver hit an all time high and alot of people cashed in bars. Well alot of the older Engalhard and Johnson Matthey bars got melted so what remains today is a remnant of what once was out there. So the scarcity of some of these bars makes for some crazy high prices.
Unlike silver most of the gold ever mined is still around. Silver gets consumed up in cell phones, computers, electronics, solar panels etc,etc. Most of that is never recovered so it puts an eventual strain on supply.
Heres a 100 year chart, pretty interesting. https://www.macrotrends.net/1470/his...100-year-chartLast edited by Stone; 2 July 2019 at 16:45.
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