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.
Through Monex Deposit Company (MDC) you can purchase silver or other precious metals for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository. For over 30 years, the Monex companies have been America’s silver and precious metals investment leader. As an investment product, silver is available in coin or ingot form. Ingots are generally silver ingots of pure bullion cast in a convenient size and shape. Coins have a currency value or they are actually defined as ingots. There may never be a better time for buying silver bullion than right now. World demand for silver now exceeds annual production, and has every year since 1990. Above ground stockpiles of silver bullion are low, shrinking rapidly and approaching zero. Monex Precious Metals is home to a large and dedicated staff of hard asset professionals committed to serving your precious metals investment needs and being America’s best dealer with a convenient market and competitive precious metals prices.
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