Industry uses Silver because its the best Thermal & Electrical Conductor known on earth, its better than copper. Already more paper money invested in Paper Silver ( ETF'S Exchange Traded Funds, Certificates, Silver Exchanges ) than there is actual above ground Silver available to sell.
So if a fraction of the people who have money invested in paper Silver wanted physical delivery of coins or bars, very few would get it. That day will come maybe sooner rather than later and the Silver Price will sky-rocket. Silver Bullion has increased 572% over the last 10 years, that's almost 60% per year, every year, far more than Gold, Property or Stocks
Silver has been the best store of wealth for over 5000 years, Silver is a commodity used by industry never to be recovered but also bought & stored, both Gold & Silver are considered as the only true "Real Money" that there is in the world. The USGS ( United States Geological Society ) indicates that Silver ( at current mining output ) will be the first element in the periodic table to become extinct by 2020 ( 4 years time ). As the price of Silver rises, mining will increase reducing the extinction deadline to possibly 2017 .
Asian countries & their citizens know this and are buying the metal ( Silver Bullion ) hand over fist as Western countries only begin to wake up to this fact. The price of Silver has rocketed 572% in the last 10 years.
The US Dollar was just recently at its lowest point in history and worth about 4% of what it used to be worth, the Euro is tied to the $.
The more paper money that's in circulation the less is its value, there has never been soo much paper money in the world ever than today. Some industry experts are predicting Silver could be worth $1,000 to $1,500 per ounce ( Plus at least a 20% to 50% Premium or mark up over that Spot price for the seller ) within the next five years.
The Chinese government are running national state TV advertisements encouraging its citizens to buy Silver as an investment. Every year new industrial uses are found to use up supplies of the existing Silver supply.
In 2007, 455.5 million ounces of silver were used for industrial applications alone never to be recovered.
Many International customers elect to forgo paying customs fees and duties by having their precious metals stored in segregated vault storage using either Brink's or VIA MAT.
With segregated vault storage the silver bullion products you purchase are "Yours" held solely in the beneficiary title(s) you elect. The original products you buy are always stored separately never swapped with other accounts.
