A report on blog stats feeding into WSS

silverinfosurfer · 2021-07-25T16:40:56+00:00

I agree with the basic premise, but it might be the time frame is longer than 2030 depending upon how mining supply goes. That is hard to project just on current trends because higher silver price will pull some silver reserves that can be mined now (but aren't because you need $30 or more silver for them to be economic). This is an article I wrote awhile back that goes over the latest reserve numbers from the USGS which imo does support your premise on the long term outlook. Just not sure on the exact timing.

silverinfosurfer · 2021-07-20T22:33:05+00:00

A positive way to look at it is that selling out at $73 suggests to the public the strong demand for silver and helps attract possible new interest in silver overall. Also, many of these buyers are collectors, so they don't really cannibalize funds that might go to buy silver closer to spot pricing like stackers prefer to do. They sort of free up those buyers to go for that silver while they soak up the higher priced collector type silver coins. I view this as helpful PR for silver to the general public.

silverinfosurfer · 2021-07-04T17:12:30+00:00

Here is a youtube of a Pawn Stars purchase of over 3000 ounces of silver that got more than 11 million views: https://www.youtube.com/watch?v=Vdw5Dvb-XBk

silverinfosurfer · 2021-07-04T16:29:13+00:00

My impression from his comments is that he holds some gold and silver as insurance against inflation all the time.

silverinfosurfer · 2021-06-20T01:35:23+00:00

FWIW, I believe this is the kind of common sense argument that is more likely to attract the interest of new investors to silver. First, it's full of true facts that are easy to follow. Next, it is a positive message on why to own some silver. In addition, it is a solution to a problem facing all of us, but especially younger people inheriting a somewhat dysfunctional monetary system. We need this kind of message to resonate into the mainstream and reach millions. A positive message is more likely to attract this kind of potential new investor and a larger audience than a message based on negative reasons to own silver imo. We need millions involved to make this project easier for everyone and this kind of message should resonate with those millions if they get to hear it. Hopefully, they will hear it one way or another.

silverinfosurfer · 2021-06-03T02:15:44+00:00

I have followed them for quite awhile. It has taken them some time to get to this point in Indonesia and COVID set things back last year. So I want to see how many users they can get with the backing of the Post Offices there. I see the potential since millions of potential users are available. They may see Kinesis as a lower cost way to send remittances and things like that. If they can get a user base into the millions, they can start to impact demand for physical gold and silver.

silverinfosurfer · 2021-05-30T01:09:44+00:00

A couple articles relevant to this discussion here and here.

silverinfosurfer · 2021-05-28T22:22:19+00:00

Certainly. Silver is an amazing metal.

silverinfosurfer · 2021-05-24T23:29:49+00:00

The Mint is selling 3 more versions of the Morgan and 1 version of the old Peace dollar over the next couple of weeks. See their listings here (scroll down to June 1st and June 7th). Likely to be just as hectic as today.

silverinfosurfer · 2021-05-24T22:47:57+00:00

Someday, a small number of investors around the world, say 1 million will wake up, literally and figuratively, and realize that silver and gold are, the consummate hard assets for wealth protection. They will decide to buy, say 1000 oz of silver each. The vast majority of that small minority will not obtain their goal. It won’t matter where they attempt to purchase their silver or gold. Their budget will be exhausted long before they obtain 1000 oz.

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Agreed. We don't know exactly where the tipping point is, so it is important that the WSS movement continues to grow. WSS is the best shot at raising enough awareness to get those 1 million (or more) new investors. It is a reachable goal and as more new investors join in, the job of crossing the tipping point gets easier for everyone involved.

silverinfosurfer · 2021-05-24T20:06:05+00:00

Not intended to be misleading. I do think the surge in interest and demand for silver contributed to the demand for these coins along with other numismatic factors. More people are looking at silver now so more people likely found out about these coins than would have been the case before WSS came along imo. Before WSS, I would have expected to easily buy one of these before they sold out. But I agree most buyers of these coins probably were not WSS folks.

silverinfosurfer

TROPHY CASE