How Big is the Physical Silver Market REALLY?!
But is he right? Is the Silver Market BIGGER than the equity markets?
The global equity markets are worth around $70T so how can the silver market be bigger?
WAIT? What is "The Silver Market?"
If he's talking the silver derivative markets then maybe he's right as NOBODY KNOWS how big that is with OTC Silver derivatives between private parties are completely unknown.
But at the end of the day...us Peons are gonna demand the REAL THING from Jeff Curry and that will solve this riddle once and for all.
Let's just talk the PHYSICAL SILVER MARKET for this demonstration:
If Jeff is counting available above ground silver available for investment it's a joke. Maybe 3B in investment form or $81B at $27.
If he's talking silver that can possibly come into the market if everything was melted down...6B or $162B
If he's including in ground reserves AND above ground possible 16B + 6B = 22B or $594B
BUT
If you add EVERY single oz of silver EVER mined on the planet which is est at 60B + 22B = 82B or $2.2T
Why stop there?
Scientists have estimated that there are over 2 Trillion planets "just like earth" in the universe so let's do the math! 2T x 82B = 168,000,000,000,000,000,000,000 ounces of silver or $4,536,000,000,000,000,000,000,000 or $4.5 Septillion!!
The TOTAL SIZE of "The Universal Silver Market" is $4.5 Septillion Dollars which bigger than the the size of the Global Equities Markets of $70T.
So Goldman Sachs is RIGHT AGAIN!!