I was talking with my brother and we cant figure out where all the silver is coming from. Looking at historical date http://www.gold-eagle.com/editorials_05/zurbuchen011506.html
we have a total silver historical production to date of 48 billion once dating from 3000 B.C. until now. I added the 42.6 billion plus the last 2005-12 total to get 48.2. So if my guess is correct I would have to say that there can not be any more than 15 billion for investment ( high estimate but lets overlook for this)
If there is a world population of 7b people then the following %ages would remove all from market.
1% of world population 70m people /20b is 215 per person
0.50 of 1% 430 per person (35m people)
0.25 of 1 % 860 per person (17.5m people)
0.10 of 1% 2150 per person (7m people)
I don't see why 1/10 of 1% is not already in the market world wide and given that some have more than others is 2,150 oz or $65k avg. that much since you have people out there worth a few mil.
Any help is appreciated as I don't know if most silver stackers are just people with 100-500 oz. (No need to state what you hold as I wont either but just what you hear or see)