For The First Time In History U.S. and Canada sell more silver than mined in 2011!!!

The demand for American Silver Eagles and Canadian Maple Leaf coins has increased tremendously over the past several years. 2011 will be the first year in which official coin sales will surpass domestic silver production in both countries.

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[kcrone1]

And isn't silver as an investment the smallest portion of where it goes?

[MoneyBags73]

@kcrone1 Pretty Much. The more I think about it this news is just totally mind blowing!

[JRCrowley]

Silver: It doesn't grow on trees.

[moviematcanada]

Out of all the people I know and send unbelievable amount of information too about the pending economic crisis that is coming to the world, and I vet a ton of information to make sure I only forward good solid info.

And guess what they all think I'm a tin foil hat wearing idiot and would rather get a new i-phone or PS3 than buy metals.

Keep staking, nothing is changing except it's getting worst not better.

[1973brianmoran]

@MoneyBags73 Thanks for replying moneybags,Ive been following you for a while and im well stacked..(not in a big breasted stalker kind of a way).

Keep up the good work

[SilverLadyBug999]

Thanks for the link, the graphs are truly interesting.

[MoneyBags73]

@1973brianmoran I now know 5 people buying silver. a year ago it was 2.

[1973brianmoran]

@SLVBULL I am in Australia,among my friends and workmates and the people they know,which is about 200 people I am aware of 4 (including me) that are invested in silver

[clearasvodka]

That fact alone should make a person rush out and buy some silver bullion. Here in China I am thinking it is the same situation but I will have to check. Only about 1% of Americans actually own physical silver. Imagine if just 5% owned the white metal. Incredible what would happen to the spot price, physical price as well as popular culture/awareness. We are just in the first or second phase of an insane bull run. Who knows, the bull may never sleep this time!

[SLVBULL]

Not one person I know in Australia invests in physical silver and gold. I would guess it would be higher than your ratio of 8:1 of people who own the phyz.