How Much Silver (SLV) Is Above Ground?

silver investing chart
Written by Mike Hammer

One key factor when trying to figure out a market is How Much Of (it) Is There? If (it) is rare, then prices are likely to be held up by a lack of supply. Everyone knows gold is rare because in the history of mankind only a little more than an Olympic swimming-pool of the stuff has been mined.

That clearly contributes to its value.  But silver is another story – bet you don’t know how much silver there is. It might be nice to know, right?

Today’s featured article looks at just that question, and the answer might surprise you.

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About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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