CMUThought Community Thought

Silver supply rose 5.1% in 2005 and is forecast to increase another 3% in 2006, creating a market slight surplus of 48.4 million oz. In fact, some 100 million ounces of new supply will come on-stream over the next decade.The silver price market has rebounded due to investors seeing the market increase and the value per ounce is expected to reach the $10/ oz range. This has speculators upbeat about the market and look to further increases in a once docile market.