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<p>[QUOTE=&quot;desertgem, post: 1711805, member: 15199&quot;]Using the same source ( for what it is worth)</p><p><br /></p><p>The last 2 years shows that industrial demand has decreased by 6.95%, while in the same time mining production increased 4.55%&nbsp; and&nbsp; old silver Scrap&nbsp; went up 10.97%.&nbsp; Since all of the categories are measured in ounces, one can say that in the last 2 years as the economy has improved ( IMO) There has been<u> almost 7% less used industrially</u> <b>AND</b> the <u>supply from mining and scrap has increased by over 11.5%</u>,&nbsp; a<b> 18.5% swing</b>, Close to the drop % in the spot price of silver.[/QUOTE]</p><p><br /></p>

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