Well there is some interesting trends starting to take place in the silver supply chain over the last three years you can find all the info at the silver intitute website.
Supply from Above-Ground Stock(Millionounces)
..................................2008......2009.......2010
Implied Net Disinvestment -48.2.....-136.9.....-???
Net Producer Hedging.......-11.6.....-22.3......-??
Net Government Sales.......27.6......13.7......-smaller
Sub-total Bullion...............-32.1.....-145.5.....-???
Old Silver Scrap...............176.0.....165.7.....-smaller
Total..............................143.9.....20.2......-??
My question is what will happen to the price when the ETFs
have to reload? Looks like it will have to happen in 2011 or they could just default and settle it all in $US.
Check out the link:
http://www.silverinstitute.org/supply_demand.php#demand
Well there is some interesting trends starting to take place in...
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