Shanghai Gold Exchange Inventory: MASSIVE OUTFLOWS OF SILVER.
215,355 Kilos. This is roughly the weight of 60 adult African elephants or about 108 average cars.
The weekly inventory report of the Shanghai Gold Exchange has just been released.
Inventory indicates a massive outflow of 215,355 kg of silver last week.
215,355 Kilograms is Approximately 7.6 Million Ounces of Silver
To put this large number into perspective:
7,595,570.85 ounces is equivalent to about 474,723.18 pounds.
This is roughly the weight of 60 adult African elephants or about 108 average cars.
China’s industrial silver consumption has exceeded 90%
With photovoltaic silver consumption exceeding 5000 tonnes.
And electrical electroplating silver consumption exceeding 3000 tonnes.
Resulting in a significant increase in total demand.
Seems like a lot of Silver right?
end of section
More unreported uses of Silver (The Silver Institute refuses to report on the aerospace and military uses of Silver)
Also, Look at all the Silver used by The Westinghouse Nuclear plant in Pittsburgh PA
Silver is the material that absorbs excess radiation in Nuclear reactors
For Westinghouse's Pressurized Water Reactors, there are over 3,000 of these Rod Cluster Control Assemblies (Control Rods) in operation per the manufacturer.
If you believe nuclear energy is in our future then…
Silver may be a better way to play Nuclear Energy (even over Uranium which is relatively abundant near Earth’s crust compared to Silver)
Rod Cluster Control Assemblies (RCCA) are comprised of 80% Silver
On Average, these rods must be replaced in 8.5 years.
As opposed to 15-year manufacturer service life estimated.
That's a lot of Silver.
And it CANT be recycled due to the radiation absorbed during its use.
end of section
Kuya Silver can double in next 3 to 6 months.
5 reasons to buy Kuya Silver
Production began Late May 2024
1. Producing already! Their flagship Bethania Mine started production a few weeks ago and the market still has not woken up. The company is valued like a junior explorer that will never go into production. Once the market revalues we could easily see the stock double. (minimum)
2. Skin in the game: Kuya CEO David Stein funded the company out of pocket for many years ($2 MM+) and still owns 10%. Management is fully aligned with shareholders to get the stock price up.
3. True silver mine - vast majority (~75%) comes from silver, giving silver investors exposure to higher silver prices. Most “silver” miners derive most of their revenue or resource value from gold or zinc.
4. Bethania mine has fantastic economics. Once the initial stage is ramped up in mid 2025 margins should be 50%+ at current silver prices. Expansion capital is modest so the mine can keep growing through internal cash flow
BONUS
5. To remind you that you that as a shareholder you get another 100% owned spectacular high grade silver project for FREE they are giving away their Silver Kings hockey pucks made from 2 billion year old rock from the site where they found over 1.5 PERCENT!! ( Holy Smokes: 15,000 grams per ton) silver over 3.35 m (10 feet) in a new discovery just last year.
This project is fully funded for a drill program starting shortly.
https://finance.yahoo.com/news/kuya-silver-initiates-2024-silver-120000891.html
Kuya Silver Hockey Puck *Promotion
The Hockey Pucks are made from Core Samples ( from their Silver Kings Drilling Program) in Cobalt Ontario ( up to 15,000 grams per ton Silver.)
Pucks are made from core samples , Silver and Cobalt
https://kuyasilver.com/news/news/news2023/uyailvernnouncesewlyiscoverednguseinssays1620230404093200
*Kuya Silver hockey puck promotion is the Intellectual property of Pixy LLC
ALL RIGHTS RESERVED
Disclaimer NOT FINANCIAL ADVICE
Disclaimer / Disclosure
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.
The Silver Academy is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. Pixy or The Silver Academy and/or independent consultants or members of their families may have a position in the securities mentioned.
Mr. Little does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Silver Academy, Pixy, The Pickaxe & MineralWEALTH will not be held liable or responsible for any decisions you make regarding any information discussed herein.