SOON COMING SILVER SHORTAGE
The CPM Group, a commodities research group, released some startling statistics yesterday. In 1900, there was 12 Billion ounces of silver in the world. By the year 1990 the amount of silver world wide had shrunk to a little over 2 billion ounces. As of this month in 2007, there is now only 300 million ounces of mined silver available!! 95% of all the world's silver ever mined has been consumed by "global photography, technology, medical, defense and electronic industries."
Silver is poised to become the rarest of available commodities and you can still by a one ounce silver dollar for about $14! This is the deal of a lifetime!!
Labels: commodities, fiat money, mined silver, ounces of silver in the world, rarest commodity, scarcity, Silver, silver bullion, silver in industry, silver statistics