Message:

<p>[QUOTE=&quot;InfleXion, post: 1710585, member: 29012&quot;]Right URL, but Total Supply and Total Demand are exactly equal each year because of &quot;Old Silver Scrap&quot;. This means that mining supply + existing scrap metal is required to meet demand, with existing scrap meeting the shortfall and thus equalizing the numbers.</p><p><br /></p><p>Last year it required 250 million oz of scrap metal to meet demand (note that this number is increasing over the years therefore increases in demand are outpacing increases in mining extraction), which was roughly 25% of the overall demand. That means mining supply met about 75% of demand. This shortfall goes on each and every year. It is not a sustainable trend over the longterm unless we see higher prices to bring more metal to market.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in