Friday, October 9, 2009

The Tiny Silver Market, Part IV

by Jason Hommel, October 8th, 2009

The BIS complained about us sharing their own explanations for their own numbers, showing a $111 billion notional value of over the counter "other precious metal" derivatives yesterday. I guess we hit a nerve.
http://silverstockreport.com/2009/tiny-silver-III.html

The notional derivatives market ($111 billion) dwarfs the physical investment silver market ($1 billion).

It is important to continue to put the $1 billion annual PHYSICAL silver investment market into perspective, This time, I'll break it down by time, and across people. (more)

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