Ann: Quarterly Activities Report , page-24

I hope im wrong.

When you say Chinese collect silver, is that prdominatly at a govt or large conglamoration level and in the form of bullion?
Does it physically move around the world, or is it kept in the country of origin but with an understanding of who owns it?

If silver is 64 times cheaper than gold on a per weight basis, and gold is heavier then silver, you are probably looking at silver physically taking up 90 times more storage space.

One thing that does support silver is is the silver verse gold buyer index.
One index being Gold GDX and silver SLV. Basically a basket of gold or silver companies from NY stock exchange..

http://finance.yahoo.com/q/bc?s=SLV&t=6m&l=on&z=l&q=l&c=GDX

Silver is a very small market, but the level of interest seems to have been more constant than gold. You need to change the various time frames.

Anyway despite the silver metal possibly have a poor physical use outlook, investor interest seems to have not abandoned it.

If i was a bank lending money on the commencement of a silver mine, i would be cautious or want pre-orders.

Welcome to add further comments.