Saturday, December 04, 2010

SLV rare than Gld - not kiddin at all !!!
Surface reserves of GLD are 5.4 tr oz (168000 tons) while surface reserves of SLV are in my opinion @ 15 bn oz (as per SLV investment gurus only a paltry 1 boz)
& all the mined silver disappears as it is consumed by industry. Infact the investment demand is now competing fircely with desperate industrial users

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