#1 Tue, Jun 14, 2011 - 8:33pm
What would be the price of Silver without the inception of the ETF's?
Weather or not you buy into the notion that the SLV was created with inventories that didn't exist, current SLV physical demand makes up the slack in physical demand left by the eroding market in photography, silverware and jewelry.
Had there not been the inception of the SLV in 2005, would not the demand of Silver have gone down by these naturally declining markets. The SLV seems to have simply filled the void. Thoughts...
Look to the bottom of this link under "implied net investment" in the chart. This includes all ETF's, but the SLV does claim to have 300 mill oz in 2009 filling the decline in the markets I mentioned above.
Edited by: funthea on Nov 8, 2014 - 5:10am
