Silver Institute Releases Silver Investment Market Report Update:
The Silver Institute released a report today entitled The Silver
Investment Market -- An Update, which forecasts world silver investment
will reach a record high total of $10 billion in 2011, representing a 66
percent increase over the $6 billion posted in 2010 and 1,150% over the
$800 Million in 2007.
Other findings from the report include:
1. The outlook for silver prices is bullish for the remainder of 2011 and into 2012;
2. Silver investment has become a key area of the global silver supply/demand balance;
3.
Since the beginning of 2008, global Exchange Traded Fund (ETF) holdings
have grown by 364 million ounces (Moz), to 577 Moz on October 31, 2011;
and
4. This year, a fresh peak of 41 million coins is forecast for
the U.S. Mint's American Eagle silver bullion coin sales, eclipsing last
year's record of 34 million coins. Globally, bullion coin sales are on
target to post another record high.
Report:
http://www.silverinstitute.org/images/stories/silver/PDF/SilverInvestUpdateNo..
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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