Comment: this headline is still a bit alarmist

(See in situ)


this headline is still a bit alarmist

We tend to be geocentric and 10-16% of U.S. Silver supply sounds devestating - but important for us to look at the scope. If the worldwide supply is 900 million or 1 billion then we are still talking a half of a percent of the global supply.

I bet this happens all the time globally but we only hear the news because it happened here in America. But at the end of the day it just makes you realize how small of a footprint america has on total supply of silver.