The world has already witnessed a 93% drop in global inventory of Silver since the 1950 and consumptiom, investment demand continues to outpace supplies, that the world could witness silver shortage as early at 2015 or if not latest by 2020, according to FutreMoneyTrends.com.
In a new video titled ‘All Hell Will Break Loose in the Physical Market If Silver Goes down: Silver Investment Update’, it is said that in 1950 there were 10 bn ounces of silver above ground available which was sufficient for 140 months of supplies but by 1970 available supplies were sufficient for only 70 months and by 1990 15 months and by 20101 11 months.
http://esilverprices.net/world-could-witness-silver-shortage-by-2015/
There are millions of people who have 10 Kg to 500 Kg and more Silver. Big companies will pay them $100 or more for one ounce Silver when there is shortage of physical silver.
This means today Silver has a value of $100/an ounce or more. Correct me if I am wrong?
This is the reason there is heavy buying going on for physical Silver.
In a new video titled ‘All Hell Will Break Loose in the Physical Market If Silver Goes down: Silver Investment Update’, it is said that in 1950 there were 10 bn ounces of silver above ground available which was sufficient for 140 months of supplies but by 1970 available supplies were sufficient for only 70 months and by 1990 15 months and by 20101 11 months.
http://esilverprices.net/world-could-witness-silver-shortage-by-2015/
There are millions of people who have 10 Kg to 500 Kg and more Silver. Big companies will pay them $100 or more for one ounce Silver when there is shortage of physical silver.
This means today Silver has a value of $100/an ounce or more. Correct me if I am wrong?
This is the reason there is heavy buying going on for physical Silver.