The Paper Silver Market is 250 Times the Size of the Physical Silver Market

goldbroker.com / By Fabrice Drouin Ristori / June 25, 2014
Bloomberg recently published an article on the discussions taking place concerning the establishment of a new « fix » on the silver price. The old « fix » will end on August 15, 2014, bringing potential consequences that I’ve already analysed.
What is interesting in this Bloomberg article is not so much that discussions have taken place to determine a new way of fixing the price of silver, but rather the information about the scope of the silver market.
The article states that the size of the global annual silver market is equal to $5 trillion.
Bloomberg has always been a reliable source with their published data; thus it is interesting to compare the size of the silver market as announced by Bloomberg with the size of the physical silver market.

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