World Gold Demand Down 7% in Q2

World Gold Council, 16Aug12 - Gold Demand Down 7% in Second Quarter. Indian demand slumps on weaker Rupee. Falling in China on economic slowdown. Marcus Grubb is of the World Gold Council. {This is a very interesting video. When they bring the big dogs down it could either mean they have great news or they fear a collapse is on the cards. Very rarely is it business as usual}

Silver is Money

Silver is the 2nd most used commodity in the world (with over 10,000 uses and growing). most of it is consumed and not recycled. it is used in extremely small amounts. it's industrial demand is rising and investment as well Better, Faster, Cheaper. Silver helps industry achieve all this in dozens of applications. Without it, our computers would be as slow as they were in 1980, solar would still be a dream and many would have died without its medicinal properties, and the list goes on....This is the very definition of productivity.....An act that increases output with less input.....The $5 worth of silver in your computer is a bargain. Mining Silver looks harder than printing money...

Major Silver Shortage by August 2012?

In my research this week, I came across a couple of articles that were particularly interesting.  They made the case that a silver shortage could be exacerbated by as early as August of 2012.  The first reason given was that currently there is a majority of long positions on silver in comparison to the shorts in place.  As we speak, there are currently 2 long positions in silver for every one short position.  This is truly amazing considering the massive short positions that have been held by major financial institutions like JP Morgan Chase and others.  This disparity in short positions compared to long ones shows how the overall disposition toward gold and silver now are changing.

Mining Strikes

The second reason brought up was the major silver mine strikes in both South Africa and Indonesia.  In South Africa, a one days strike was held in which tens of thousands of miners came out in opposition to current working conditions and wages.  In the Gold Fields mines in South Africa 85% of workers stopped working leaving mining activity virtually at a stand still.  Gold Fields is the world’s fourth largest producer of gold.  These strikes right now have only had a small impact on supply provided, but if they continue they could significantly reduce the supply readily available on the market today.  As if that is not enough many mining company are reportedly keeping larger quantities of silver as a reserve than before, which also places stress on the world supply. Continue Reading>>>>
. MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet