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Silver Demand and Popularity: One in Million Get It? No Way!

Silver demand and awareness, though certainly growing, is not high on the list of popular places to put one's money.

Do more than 310 people in the US understand silver? Of course!

But what is the real incidence of the silver-knowledgeable?

How many people do you know that have a working understanding the silver opportunity?

By "understanding" I mean:

They understand that the price is artificially managed to the downside.

They know the importance of silver as an industrial commodity.

They get that silver, like gold, is real money and an efficient store of wealth.

How could we come up with a more objective measure?

One Out Of Ten People Understand Precious Metals Investing? NOT!

How many Americans really understand gold? Physical gold.

How many people alive today have held a gold coin?

Sure, I meet people all the time who have some sense of precious metals investing.

What about silver?

Well, the US Mint certainly indicates that silver eagles sales are up!

Indeed, silver eagles sales soared another 502,000 to 3,592,500 for the month of January so far! This is a new high record for monthly silver eagle sales... and represents very close to 10% of the United States yearly silver output!

[silver demand popularity]

(BTW, the statement that led you here -- the one about one in a million people -- was unintentional. But I decided to leave it up for a while and put it to good use...)

Can We Really Measure Silver Popularity?

Just because I feel relatively alone on this and continue to endure strange looks when I mention silver investments, this is in no a way scientific way to measure investment silver demand.

My coin guy says business is "about what it's been", but I doubt that serves as any better gauge than my "sense".

How many people do you know who "get silver"?

Who really cares about silver like you and I do? We can't even get a radio commercial about this!

But, what are we talking about here?

Deflation, inflation, hyperinflation. Hard times, deception. We are living through what is shaping up to be a long winter.

I guess the question I want an answer for, is how many people get that? And of those (most are buying gold), who and how many among us really "gets silver" as one of the things you want around, come spring-time.

Let me know your thoughts...

[silver demand popularity]

How Many People Out There Really "Get Silver"?

One out of a thousand in the US? One percent of the world population? Ten Percent?

How would YOU tell the story about the real number of individual silver investors?

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What Other Visitors Have Said

Click below to see contributions from other visitors to this page...

Monte
I have given this some thought in the past and no one in my home town has ever agreed with me and the silver story. I can just tell by the look on their ...

I think your estimates are about right
I caught the precious metals 'bug' in a big way about 4 years ago, with a special interest in silver. I began accumulating silver then, starting with ...

Silver awareness
In my experience, the number of people who understand Silver is around 1 in 100, maybe more. I have four co-worker friends who completely understand fiat ...

People I know who understand silver...
... Not too many. In my personal everyday life, I only know of one other person, and he is my coin shop/silver supplier.

However, on my facebook page,...

What's going on here???
This morning, the talking heads on Fox Business Channel commented briefly on a story that is also at the top of Matt Drudge's Report this morning - gold ...

At Last!!!
After much anticipation (and despite much bankster manipulation) silver solidly broke the $20.00/ozt barrier this morning!

For all those folks who ...

Who knows how much silver people have...
It is impossible to say how much silver exists in private hands. People collected it for hundreds of years in cutlery (spoons, forks, sliverware). There ...

How Many People Are Aware Of Silver As An Investment?
I think around 2% or less. I see very little interest except mostly in old-timers.

Where do you find a financial advisor that understands?
I can't find even one "financial professional" that understands, nor wants to understand precious metals in general, let alone silver. They all seem to ...

About 1 in 1000 Understands Silver
The actual number is about 1 in 1000. I live on an island of about 100k. With the new industrial/medicinal demand increasing by 4 or 5 x in the past 5 ...

retired resident, of Riverside County, CA Not rated yet
My experience tells me that very, very few people have any meaningful percentage of their assets in PM's....This has occurred as our gov't moved us away ...

Gary - MBA, Private Consulting Not rated yet
The media and vendors educate based on the 'knee jerk' mentality of daily news. Do a personal study into Dr. Franz Pick. He lived through what we are currently ...

Industrial Silver Use Not rated yet
I recall my father, a professional photographer, proclaiming that silver was the best physical commodity to invest in. This was in 1978-9 when Eastman ...

Silver Investing: One Generation To The Next Not rated yet
My university educated son tried to get me interested in silver at the beginning of November 2010. I hummed and hawed for two weeks. In the resulting period ...

My Silver Experience Not rated yet
I read a number or years ago that there was more silver being used than was mined. I forget the exact numbers but the imbalance was on the order of 100 ...

So Few Get The REAL Silver picture Not rated yet
My experience with Silver coinage started with the separation of Silver from clad while working the local Dairy Queen. Over the years, at least 30 now,...

Gold and Silver : Real Wealth, Hidden And Neglected By The Few Not rated yet
The time is near. We are now entering the exit stage of those responsible for ruining our lives. U.S. Federal reserve notes are in a coma and the plug ...

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