<<aye>>
ooohhh.. you speak my language!<grin>
OT but interesting.....Old news...
"NEW YORK (May 24, 2000) World silver fabrication demand rebounded strongly in 1999, increasing 5%. Moreover, for the first time in five years, mine production in 1999 did not increase, but instead declined. This created a sizeable structural deficit, with fabrication demand exceeding supply from mine production and recycled scrap by nearly 156 million ounces (Moz), according to World Silver Survey 2000, released here today by The Silver Institute.
"Silver demand overall grew by 5% in 1999, with growth recorded in all of the major sectors. Booming industrial demand for silver, principally in the electronics sector, together with strong jewelry and silverware growth,
pushed demand to a record high last year. Photographic demand for silver,long a mainstay, continued to edge higher as well"
wayne |
