If ten percent of the Bay Boomers allocated $9,000 to buy silver, we would have 7.5 million (ten percent of the boomer population) times $9,000. Pretty simple arithmetic; the product is $67.5 billion. But wait just a moment! Something must be erroneous—the amount of investment grade silver (bullion and coins)* available is worth about $18 billion.
Something to consider…
See David Morgan’s article: Not Enough Silver
silver-investor.com (24 Apr 2008)
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