Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!

Wednesday, May 6, 2015

Silver Demand Down Due to Drop in Coin and Bar Market

Total silver physical demand stood at 1.07 billion ounces last year, the fourth highest level recorded since 1990, but down 4% from 2013, said Andrew Leyland, Precious Metals Demand Manager for Thomson Reuters. A main factor in the decrease in physical demand was a fall in coin and bar demand which hit record levels the year before, according to the Silver Institute's World Silver Survey 2015. Industrial application demand, which account for more than half of total physical demand, was lower by 0.5%. Silver jewelry fabrication had a second consecutive year of growth, increasing 1.5%, while ETF holdings stayed steady. Finally, silver mine production grew by 5%.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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Silver Shortage
GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!