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210 million ounces of silver SOLD last year, the second highest in history!

NEW YORK, May 11 (Reuters) - Investors bought 209.7 million ounces of silver last year, the second highest in history, and silver's strong appeal as both a precious and industrial metal will lift demand further in 2010, according to an industry report issued Tuesday.


http://www.reuters.com/article/idAFN1124481220100511?rpc=44
As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Comments

  • MrEnglish
    MrEnglish Posts: 322 Forumite
    Silver is passing £13.20 as I type this.

    Wow when is it going to stop going up so sharply?
  • Reaper
    Reaper Posts: 7,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    MrEnglish wrote: »
    Wow when is it going to stop going up so sharply?
    Apparently when it reaches the moon, according to your sig.
  • purch
    purch Posts: 9,865 Forumite
    If 209.7 million ounces of Silver was Bought last year, then also 209.7 million ounces of Silver was also Sold last year.

    For every seller there is a buyer (unless you are talking about Futures.....and then there are only sellers :eek:)
    'In nature, there are neither rewards nor punishments - there are Consequences.'
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