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<p>[QUOTE=&quot;medoraman, post: 2238511, member: 26302&quot;]Do you know demand is still that high? Industrial demand was NEVER as high as mine output, the &quot;demand&quot; they referred to was actually inventory increasing. They labeled ASE, silver bars, and all other silver products people bought, (in essence physical silver inventory), as &quot;demand&quot;. Its not really &quot;demand&quot; any more than me buying a million pounds of milk powder to sit in a warehouse is &quot;demand&quot;. Its not, its inventory which I will sell when I feel like. Same with silver.</p><p><br /></p><p>In 2014 mine production was 877 million ounces. Industrial demand, (where silver disappears), was 595 million ounces. 282 million more ounces are in human hands, (and can be melted if they wish), just from ONE year&#039;s production. THis happens most years, meaning there are billions upon billions of ounces that can be sold back as scrap just from the last 15-20 years worth of mining.</p><p><br /></p><p>Is the sky the limit for silver demand, or is it decreasing? That is the question to ask, since there is a whole lot of it around, and more every year.[/QUOTE]</p><p><br /></p>

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