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depourcq
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Gold And Silver Smashed…Nobody Really Knows What Lies Ahead

- Dan Dontrose - The fundamental View

Thanks for your article, and I do agree with you that investors need to look at the pros and cons in what they are investing in. Reveiw the fundamentals everyday or week as the case maybe.
However the fundamentals for silver look very good for the pros.
Fact 1 the total suppy for 2010 was 1056.8 mil oz
2- the total world demand was 1056.8 mil oz
3 total mine production was 736 m oz
4 the rest was made up from Government sales 4% , producers Hedging 6% and recycling 20%
the shortfall for silver for 2010 was 320.8 mil oz
the world demand for silver is growing and the stock piles are not , thats why the price for silver should move higher in the long run

Commented 4435 days ago

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Beginning of the headline :You can cry for years that the price of silver and gold will go up and when it does you are vindicated and hailed a hero for having called it correctly, despite the fact that it might have taken 10 years or so for your prediction to materialize... Read More

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