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Strategies & Market Trends : Young and Older Folk Portfolio
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To: ChillyWillie who wrote (21601)10/25/2025 6:21:18 PM
From: Max2.0   of 21802
 
OK, thanks for doing the math. When we are talking about a Country's Central bank (IE: India) I figure we are dealing with some big numbers to back up with hard assets. They might need a reasonably large warehouse to store even $1B in Silver.

** I just looked it up and found that India's M1 money supply is only $724B (in USD) as of last year. So they would not need $1T in Silver. Whereas, in the US, M1 is $18.9T.

Interesting, It appears the US has less people than India but maybe more aggregate wealth.
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