/biz/ - Business & Finance

annual production of silver is ~1 billion oz. That means if you had 1000oz, you would need to x1000, and then x1000 again to get to 1 billion oz. AKA you have 1 millionth of the supply for that year.

However with platinum the production is like 720k a year, which means just buying 1 platinum oz gives you 1 720,000th of the supply instead of having to buy 1000oz of silver for a measly 1 millionth of the supply.

Just something to keep in mind u dumbass reddit silverbacks