Hi Ho SILVER!!! By Daneen Aller
HIGH HO SILVER
Daneen Aller
Imagine going to the store because you are out of eggs. You get to the store, and there are no eggs to be found and the manager tells you, “Sorry, we are having a hard time getting eggs.” Well you would probably just buy something else rich in protein and just deal with it. Something similar is happening to Mountain Girl Silver. We are having a tough go at getting silver. But we can’t exchange it for something similar. I doubt anyone would cherish Mountain Girl Pewter as much as something as fine and beautiful as precious silver, and there lies the shortage. More silver is consumed by industry than is produced by mining and recycling combined. Some say this deficit reaches back 60 years, and has consumed virtually all the known silver ever mined since the beginning of the world. The annual deficit has recently ranged from 100 million to 200 million ounces per year. Annual supply is about 650 million ounces, and annual demand is about 800 million ounces. The medical field consumes most silver in the world. People are buying up silver and gold at a fast rate, therefore silver for jewelry is being made into something of a stock market alternative. When the stock market goes down people start buying precious metals. Did you know that Warren Buffet purchased 130 million ounces of silver ten years ago? At that time it equaled 2% of his net worth, and he bought all the law would allow. We have a few calls into him, to maybe sell some of that off. So remember when you wear you Mountain Girl Silver piece, not only are you wearing a one of a kind custom piece; you are wearing one serious hot commodity! Oh, the phone is ringing….. it must be Warren…… tootles
October 14th, 2008 at 8:21 pm
Geez Neen…perhaps you could do my next homework assignment! That was very informative.
GO GREEN!!!
October 15th, 2008 at 11:36 am
Great blog, I am polishing up all of my silver today and wearing it proudly.