We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

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: 7,357 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.'
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.