Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Silver Prices
Silver Price
[Most Recent Quotes from www.kitco.com] Our RSS Feed

Silver Updates by Mail

Enter your email address:

Follow Us on Twitter
« Coeur d’Alene Mines Corp: Price drop | Main | Coeur d’Alene Mines Corp: Wins legal battle »
Tuesday
Aug082006

Chinese Silver usage in decline? Think again

In a recent article in ‘The China Daily’ it was reported that China is using 3 times more silver than it was 20 years ago.



ChineseCoin1

Chinese Silver Coin.


The China Daily was commenting on a report by the Gemmological Association of China, who said China had increased usage from 900 tons in 1985 to 2600 tons in 2005.

The report goes on to say that regardless of the roller coater ride in silver prices the demands for silver continues to grow at a steady pace.

So, when the talking heads pop up on TV and tell you that it is all about to slow down in China, beware! Do some research of your own if you have the time. After all it’s your hard earned cash that you, yes you, are investing.

Relax into this bull market, keep your cool, look at the big picture, implement your investment plan and stick with it.

ChineseSilverDragon1

Chinese Silver Dragon

08 August 2006

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>