Silver is in the 18th year of this historical bull market.
The price of silver hit it's all time low at $3.50 U S Dollars per troy ounce in 1993.
1 troy ounce = 31.1034768 grams
1 avoirdupois ounce = 0.911458 ounce troy
12 troy ounce = 1 troy pound
16 ounce = 1 pound avoirdupois
Search This Blog
Sunday, November 21, 2010
China to cut silver exports by 40%
China is the world's largest silver exporter.
There is a physical silver market shortage in the Far East.
Chinese investors are now hoarding silver.