Posted on 12/24/2025 6:35:55 PM PST by delta7
Silver’s market value has reached about $4.04 trillion, slightly higher than Apple’s $4.02 trillion at the close of trading on Wall Street on Tuesday.
Silvetr prices kept climbing in global markets, with futures rising above $71 an ounce. This has taken silver’s gains this year to almost 150%, making it world’s third most valuable asset, moving ahead of Apple Inc, the CNBC reported. The top two spots of most valued assets globally are now held by Gold and Nvidia.
Silver market capitalisation reaches $4.4 trillion.
Silver’s market value has reached about $4.04 trillion, slightly higher than Apple’s $4.02 trillion at the close of trading on Wall Street on Tuesday..
Silver’s market cap is $4.05 trillion - but @ $72/ounce are there 56,250,000,000 deliverable ounces of silver on the planet?
>> Never overlook your little blessings.
GOD Bless You for the sanity injection!
>> Merry Christmas to all. Be safe, and prosperous.
Thanks. You too!
>> I have no idea where you got that information.
...arithmetic? I realize math is a lost art, but c’mon, man...
You have to know, God loves you. He places things in your life to make you better. And you get stumbles but get on with your mission. Please remember, you are the mission, God is with you. Jesus was nailed to a tree for us. The least we can do is accept our blessings and cherish them. Some small some large, all of them count. Jesus is born, be safe FReepers, God Bless yall.
What is oil's ranking?
Regards,
Damn. All the gold in the world couldn’t pay off our national debt.
” Bad” money ( anything based on debt) must disappear. Best to stick with “ equal weights and measures” in these times.
Merry Christmas.
I think the most valuable asset is love.
That said, I have a strange feeling. In these times of deception and dishonesty, keep in mind Jesus was sold out with thirty pieces of Silver....if you knew fully the corruption in our financial markets today, especially the Comex and LBMA precious metals markets, would it not be fitting if Silver was used to bankrupt the huge banking industry?
It is estimated the eight major banks massive paper short positions ( in Silver and Gold) are in the tens of billions of dollars.....with Silver’s rapid historic rise, it is costing them billions to cover their shorts.
I maintain Silver will be used to take them down, forcing a reset and run back to honest money.A pleasant thought for Christmas morning.
“I think the most valuable asset is love.”
Nope. Chocolate! Merry Christmas! :)
“...hint: the new word for Silver? Unobtainium.”
LOL! Love it.
Yeah, this has been a wild ride, for sure! I’m loving just sitting here, doing nothing and watching my PMS (that are at the bottom of the lake with my guns & ammo) grow and grow.
Merry Christmas...to ME for a change, LOL!
I just found one of those coins - mint, in case, mixed in with Christmas Ornaments (’Baby’s First, 1999’) at my Thrift Shop. I quietly paid the $2.99 they were asking for it. ;)
Today? Value is $71.85! Merry Christmas to ME! :)
(Yes, I regularly donate to that Thrift Shop and the attached Food Pantry...)
Up until a few months ago you would have been correct. But recently the major American banks have almost withdrawn from shorting silver. Those American banks are letting their short contracts expire.
As far as I can tell, only the European banks are still actively shorting silver. The general consensus is that the European banks are shorting silver to protect the companies that need silver and to prevent silver from becoming a monetary metal again, so they can digitalize currency (and gain control over the serfs).
I have been investing in gold and silver for several decades and stay abreast of both markets.
Here are some of my observations:
Up until the last 10 years almost all silver was recycled, e.g. melting down broken necklaces, but with the new solar/battery requirement for silver it is now getting thrown into the landfill. Currently, there is no economical way to recycle the batteries and old solar panels, - but many are trying.
No one know how much silver there is in the world, because up until recently it was always cycled. But because it is relatively cheap, no one has has any idea how much is out there.
The refiners are working at full capacity and cannot meet demand. Since they are at full capacity, they are focusing on melting down pure silver coins (Silver Maples) or bars. You can buy coin silver for less than silver content, because the refiners are not buying it.
When you understand that silver is being used at a higher rate than the mines produce and that some countries are remonetizing silver, e.g. India, the "true value of silver" is only an opinion.
My dear old Dad used to say, among other things...
“Happiness can’t buy money!”
SLV is a pure money play. An owner of SLV has no right to the silver in the SIL vaults (JP Morgan holds the silver and Blackrock runs the fund).
PSLV is a closed ETF and if you own shares you have a right to the silver, though they only disperse in 1000 oz bar increments. I think each share represents .34... oz of silver. Sprott owns and administers the fund. The silver is held in the Canadian Royal mint and audited annually by JPMD. Because Sprott is a close end fund it trades at either a discount or a premium. Right now it is trading at a little over a 3% discount.
SIL and PSLV track each other closely, but do diverge. For instance, one day SIL will be up 1.31% and PSLV will be up 1.27% and vice versa.
Yup, a 196% return on investment is a pretty good year, so far.
Rhodium appears to be todays big story. It has doubled, quadrupled, eigth-fold etc in recent months. In the last 24 hours it dropped 8,900 percent.
Nine thousand dollars went to nine hundred.
4.05 trillion/72 is where I got the number of deliverable ounces you need to support a 4.05 trillion valuation.
That’s just wild, what a crash!
,,, maybe they're mindful of a possible second Roosevelt racket... compulsory surrender of public holdings.
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