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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

World could witness silver shortage by 2015

Posted on 19 December 2011

The world has already witnessed a 93% drop in global inventory of Silver since the 1950 and consumptiom, investment demand continues to outpace supplies, that the world could witness silver shortage as early at 2015 or if not latest by 2020.
In 1950 there were 10 bn ounces of silver above ground available which was sufficient for 140 months of supplies but by 1970 available supplies were sufficient for only 70 months and by 1990 15 months and by 20101 11 months………………………………………..Full Article: Source


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