Current World Precious Metal Supply Calculator

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Current World Precious Metal Supply Calculator

Postby Copper Catcher » Sat Jan 22, 2011 1:37 pm

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Re: Current World Precious Metal Supply Calculator

Postby scrapper2010 » Sat Jan 22, 2011 9:24 pm

That's a cool site, thanks for sharing. Clicked on the homepage and watched those numbers for a while. Mind blowing.
Old feedback thread viewtopic.php?f=32&t=3581
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Re: Current World Precious Metal Supply Calculator

Postby Sheikh_yer_Bu'Tay » Sun Jan 23, 2011 1:13 am

Nice site! I didn't realize how low stocks of nickel were. Thanks for the info!
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Re: Current World Precious Metal Supply Calculator

Postby appjoe » Sun Jan 23, 2011 4:31 pm

Interesting Thanks for the link
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Re: Current World Precious Metal Supply Calculator

Postby HelloMeteor » Mon Jan 24, 2011 12:26 am

Sheikh_yer_Bu'Tay wrote:Nice site! I didn't realize how low stocks of nickel were. Thanks for the info!


That's in tons.

In other words, about 20 lbs for every man woman and child on the planet.
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Re: Current World Precious Metal Supply Calculator

Postby jasmatk » Sat Jan 29, 2011 4:18 pm

Ive had this site in my favorites for a while its a mind blower I click to it every once in a while and just shake my head
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Re: Current World Precious Metal Supply Calculator

Postby aristobolus » Mon Jan 31, 2011 5:19 pm

Where is Great Britain in respect to its gold holdings? Have they depleted them that much?
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Re: Current World Precious Metal Supply Calculator

Postby mtalbot_ca » Tue Feb 01, 2011 11:02 pm

There was the big sale of gold around May 2002. I found a report buried in the Bank of England website:

http://webarchive.nationalarchives.gov. ... es_617.pdf (this report is for 2007 reserves)

that states that England as about 4.2 billion british pounds worth of gold. You have to do the conversion to get to the ounces.

4.2 billion times 1.6 (to the dollar) and divided by 1300 (dollars to the ounce) = 5,169,230 ounces (rough estimate)
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Re: Current World Precious Metal Supply Calculator

Postby highroller4321 » Wed Feb 02, 2011 2:17 pm

Is it just me or is the production going up about 100 faster per thousand than the reserves dropping? This chart is a great chart but it needs more information. How is the reserves calcutated? Is the production included in the reserves? What sources are making the reserves drop. ect ect ect.

Great link though.
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Re: Current World Precious Metal Supply Calculator

Postby SilverGuy23 » Thu Feb 17, 2011 2:32 pm

Highroller, I had the same thought. it looks like production is going up faster than the reserves droping.

Odd
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Re: Current World Precious Metal Supply Calculator

Postby highroller4321 » Thu Feb 17, 2011 4:04 pm

SilverGuy23 wrote:Highroller, I had the same thought. it looks like production is going up faster than the reserves droping.

Odd



If you look at these charts I guess its true.

http://www.kitco.com/charts/CPM_silver.html
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Re: Current World Precious Metal Supply Calculator

Postby SilverGuy23 » Thu Feb 17, 2011 6:10 pm

Intresting. Must be how short the Silver funds are. Given that data if their comes a day if people significantly dump there Paper Silver shares.... Silver Price will drop, hard.
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Re: Current World Precious Metal Supply Calculator

Postby rainsonme » Sun Feb 20, 2011 2:22 pm

All of these natural resources are probably subject to Hubbert's curve, which says once peak production is reached, the declining output will be much more expensive. There is a whole lot of silver and gold and copper prodcution coming on line soon from BC Canada, and elsewhere. I like some of these junior mining stocks in BC ---- but they are all going to be VERY expensive to produce, much more so than the easy mines that are now depleting. So, even if the resource is still in the ground, the price of extraction may go way up. Take a look on the web of the giant copper mine in Utah (Bingham mine); they started out finding large rocks of solid copper on the surface; they have now gouged out a huge hole deep into the earth to get very low grades of copper.
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Re: Current World Precious Metal Supply Calculator

Postby psi » Wed Mar 09, 2011 11:25 pm

I was surprised that lithium seems to be quoted in (troy?) ounces too. I was reading recently about alloys of magnesium and lithium that have densities as low as 1.4 g/cc, which seems to be pretty close to as light as it gets for structural metals. I guess the more obvious use of lithium is for batteries though. It would be cool to see an expanded version of that table with dollar values and more metals listed.
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Re: Current World Precious Metal Supply Calculator

Postby adagirl » Wed Jun 01, 2011 11:41 pm

Interesting site. Thanks for sharing. It was striking how low (relatively) the nickel reserves were. Industrial use for nickel is suppose to be down, but for us "nickel bugs" the lower availability holds promise.
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Re: Current World Precious Metal Supply Calculator

Postby wbeck » Fri Oct 21, 2011 4:08 am

It is very interesting with some of the metals how even after years and years of consumption being higher than production they STILL haven't caught up to demand. Either prices just haven't gone up enough to justify, or there might be half way genuine shortages that might come around for some of them. I hope the silver production never keeps up with demand... It will work wonders for my bank account (or hidden in box account if you want to be technical)!
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Re: Current World Precious Metal Supply Calculator

Postby cupronickel » Sun Nov 27, 2011 3:46 pm

I predict the supply of FRN's to exceed the supply of silver.
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Re: Current World Precious Metal Supply Calculator

Postby BullionStar » Mon Feb 20, 2012 10:08 am

I put this together over Christmas.

Bit of a different take on the Debt Clock thing.

http://goldclock.org
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Re: Current World Precious Metal Supply Calculator

Postby beauanderos » Sun Feb 26, 2012 10:53 pm

BullionStar wrote:I put this together over Christmas.

Bit of a different take on the Debt Clock thing.

http://goldclock.org

Very nice job on this! Would be cool if you ever take the time to do one for silver as well. :mrgreen:
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Re: Current World Precious Metal Supply Calculator

Postby BullionStar » Wed Mar 07, 2012 4:29 pm

beauanderos wrote:
BullionStar wrote:I put this together over Christmas.

Bit of a different take on the Debt Clock thing.

http://goldclock.org

Very nice job on this! Would be cool if you ever take the time to do one for silver as well. :mrgreen:


I have the domain silverclock.org & platinumclock.org and pgmclock.org registered. I will get around to it.
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Re: Current World Precious Metal Supply Calculator

Postby Tribal Warrior » Sat Apr 14, 2012 10:05 am

Neat site to say the least, but it's no very accurate, because we do not know all supplies coming out of Communistic countries. They wouldn't tell anybody their supplies.
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Re: Current World Precious Metal Supply Calculator

Postby Beervestor » Mon Apr 23, 2012 11:40 pm

what do you think would happen to the price of precious metals if this happend????

http://www.wired.com/wiredscience/2012/ ... id-mining/
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Re: Current World Precious Metal Supply Calculator

Postby louisianagold » Sat May 05, 2012 10:45 pm

BullionStar wrote:I put this together over Christmas.

Bit of a different take on the Debt Clock thing.

http://goldclock.org


very nice
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Re: Current World Precious Metal Supply Calculator

Postby Catfish4u » Sat May 19, 2012 10:44 pm

Thank you for the link!
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Re: Current World Precious Metal Supply Calculator

Postby silverbullusa » Tue Jul 17, 2012 5:41 pm

Pretty neat tool !!!! thanks for the find.
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