PHLX Gold/Silver Sector (XAU)

[NYBob]

Electronic and industrial demand for Silver -
Ag significantly exceed supply." --
For 2005, the silverinstitute reports:

Mine supply was 641 million Ag ounces -

Government sales was 68 million Ag ounces -

Silver scrap was 187 million ounces -

Producer hedging was 15 million Ag ounces for a -

Total supply of 911 million Ag ounces -

Demand is as follows:

Industrial applications, 409 million Ag ounces -

Photography, 165 million Ag ounces -

Jewelry & Silverware, 250 million Ag ounces -

Coins & medals, 41 million Ag ounces -

Additional investment, only 47 million Ag ounces -

Mine supply is less than industrial demand -

The difference is mostly met through government sales
from India, and scrap recycling -

Scrap metal recovered was far greater -
than investment demand, and investment demand -
was a tiny 5% of the market in 2005 -
There was no investment demand for the ten years prior -
as investors were mostly selling -

Investor demand is really only just beginning -

Investors have tens of trillions worth of fiat
paper money -

about 100,000 times more than the size -
of the Silver market -

Even a tiny interest in Silver will cause -
the price to skyrocket -

http://www.silverinstitute.org/supply/index.php

LT Positive we'll Prosper with Silver -

FMNJ - with the large old Silver -
Inca Cerro Rico Mine - rich ore veins -
other future Silver mining companies -
will line up in front of FMNJ doors -
to get any opportunity to be in -
to an option to participate in an FMNJ joint venture -
to become a partner etc. -

FMNJ - FY2pennies fiats -
http://www.investorshub.com/boards/board.asp?board_id=5406

http://tinyurl.com/y54k7r