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Silver market fundamentals DISTORTED by bullion-ETF's
To any silver bugs on this forum. An article that caught my eye. Boot
Written by Jeff Nielson
Sunday, 31 May 2009 10:20
Bullion Bulls Canada - Featured
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Silver market fundamentals DISTORTED by bullion-ETF's
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Global statistics were recently released by the ?precious metals research and consultancy? firm GFMS Limited, based in London. These results, in turn, have been made public by the Silver Institute, an excellent source for data on the silver market, which I have referred to in previous commentaries.
The Silver Institute presented 2008 supply/demand data side-by-side with the 2007 numbers, and the data can only be described as ?incredible? (or should I say ?un-credible??).
To see the rest, use the trackback. cheers
Tags: futures