sowack on Nostr: I don’t understand why the market cap of silver is the spot price times the ...
I don’t understand why the market cap of silver is the spot price times the estimated amount ever mined, whereas gold is spot times above ground inventory….make it make sense please
Published at
2024-03-12 00:45:22Event JSON
{
"id": "8eaf0d6b2041755f3d41991af409c0547731b2c749d485dae2945e86ed3c33e0",
"pubkey": "540c3005916f1d788c2641095fe7950d48bd3b9610914c325301396ede4d6906",
"created_at": 1710204322,
"kind": 1,
"tags": [
[
"e",
"b8df029f631e25748eb660e3befa8b3bd359278162c7003a76a11a75f997e524"
],
[
"p",
"c48b5cced5ada74db078df6b00fa53fc1139d73bf0ed16de325d52220211dbd5"
]
],
"content": "I don’t understand why the market cap of silver is the spot price times the estimated amount ever mined, whereas gold is spot times above ground inventory….make it make sense please",
"sig": "0eefe14079a3de6e9cb3ba85bc6600b6fbf12b77f7a3bd384f790656c8c9d5abe05e7f44793a36c12275b474612cd3a48da8f4cfb2e00f405dba64c2cbd8e4ac"
}
