13 Stunning Visualizations of Silver Put Global Debt Into Perspective

Presented by: Texas Precious Metals

Although gold has a bigger reputation today as a monetary metal, it was often deemed too valuable for everyday transactions throughout history.

For the most part, common people in places like Ancient Rome used silver to buy daily staples like grain or wine. As a result, silver has a strong reputation through monetary history as the “people’s money”.

Even today, silver is still much more widely accessible. With one ounce of gold being 70x more expensive than an ounce of silver, it’s difficult for someone who is just starting to accumulate wealth to own gold.

Visualizing Silver

What do savings and debt look like, using the “people’s money”?

Below is everything from the average paycheck to global sovereign debt visualized as silver cubes.

1. A median U.S. family brings in $2,355 per pay period (semi-monthly) pre-tax.

Average U.S. Paycheck as a Silver Cube

2. However, the median American family only has about $5,000 of savings.

Median U.S. Savings as a Silver Cube

3. The standard silver delivery bar holds 1,000 oz of silver.

Silver bar

4. Average household debt is $98,312, with mortgage debt being the primary component.

Average household debt as a silver cube

5. A Lamborghini worth over $400,000 needs a silver cube with 16-inch (0.4m) sides.

A Lamborghini's value as a silver cube

6. Using a silver price of about $18/oz, here’s what $1 million looks like.

$1 million as a silver cube

7. Every day, the world’s mines produce about 75 tonnes of silver, worth over $44 million.

Daily Silver Production as a silver cube

8. Silver Eagle sales have jumped considerably since the Financial Crisis.

Silver Eagle Sales as a Silver Cube

9. When the Hunt Brothers tried to corner the silver market, they hoarded 200 million oz.

Hunt Brothers Stockpile as a Silver Cube

10. Today, almost 900 million oz of silver is mined each year.

All Silver Mined Each Year as a Silver Cube

11. JP Morgan’s market capitalization, in comparison to previous cubes.

JPMorgan's market capitalization as a silver cube

12. All silver ever mined would not compare to the Fed’s balance sheet, which is now $4.5 trillion.

All Global Debt Visualized as a Gold Cube

13. Global sovereign debt is 13X bigger than all previous cubes combined.

All Sovereign Debt Visualized as a Gold Cube

Liked our visualizations of silver cubes?

Don’t forget to check out 11 stunning visualizations of gold.

The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.

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