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ETF Silver holdings reach record 453 million ounces

posted November 29, 2009 - 4:53pm
ETF Silver holdings reach record 453 million ounces

This article states that the silver holdings of the silver exchange traded fund have reached a record 453 million ounces.  Demand for precious metals continues to be strong considering the poor performance of paper assets over the past several years.  I found it interesting that the demand for silver is expected to be strong due to production of electronics and solar panels.

Article:

http://www.commodityonline.com/futures-trading/tec...

Author: Kidgas
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