Silver is underperforming gold at the moment - in a falling market.
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Silver is underperforming gold at the moment - in a falling market.
Not exactly Silver v USD but an interesting article from the Bull on global silver stocks.
http://www.thebull.com.au/articles/a...er-stocks.html
Yeah good read is very bullish on silver production increasing has been a very long time since silver production was more than demand think it's round 200moz short at present times...
here's some good reading FOR THE SILVER BULLS-https://marketforceanalysis.com/article/latest_article_02511.html
"News out of China recently showed that China's net imports of silver quadrupled in 2010 to 3,500 tonnes (112 Million ozs). China has traditionally been a silver exporter. For example, in 2005 China made net exports of 3,000 tonnes of silver"
halfway through they talk about Silver backwardization
http://www.youtube.com/user/MaxKeise.../1/41dSuyRrj6w
It's a myth there's a shortage of silver.
World production in 2009 was up 4% on the previous year at 710,000,000 oz and the 7th straight annual increase.
" After the worst January for precious metals in two decades, investors still have a $102 billion bet on higher prices, hoarding more gold than all but four central banks and more silver than the U.S. can mine in almost 12 years. "
http://www.bloomberg.com/news/2011-0...et-intact.html