iShares Silver Trust (SLV)

[Extreme4Reality]

Silver-Demand Crashing, Supplies are Rising = Massive.Silver.Glut

Copied and pasted from Silver Institute's recently released data:

Industrial demand for silver continues to fall

2010 = 500.7 million
2011 = 487.8 million
2012 = 465.9 million ounces

Silver Mine Production continues to rise each year for the past 10 years

2003 = 597.2 million ounces mine production
2004 = 613.6
2005 = 637.2
2006 = 641.3
2007 = 666.1
2008 = 683.0
2009 = 713.6
2010 = 752.7
2011 = 757.0
2012 = 787.0 million ounces mine production

There's a massive oversupply of silver with crashing demand for silver.

And by the way, Investment silver = stored silver = excess supply (anything stored = excess supply)