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
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
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