The Silver Series (Part 2): Supply & Demand (+2K Views)

Lorimer Wilson November 29, 2012 Comments Off on The Silver Series (Part 2): Supply & Demand (+2K Views) 3,244 Views

Of the 1040.6 million troy oz of silver produced in 2011, 84% was used in over 10,000 modern industrial applications (16% used as an investment) of which approx. 33% was used in the traditional forms of fabrication such as jewelry, coins, medals, and silverware with the remaining 66% actually being consumed. While the actual amount is unknown, some experts believe as much as 90-95% of all the silver ever mined has been ‘lost’ to landfills. For this reason, there is likely less silver available above ground than gold (98% of all gold is accounted for today). For more interesting information regarding the supply of, and demand for, silver please refer to the infographic below.

So says an introduction to Visual Capitalist’s (www.visualcapitalist.com) latest informative infographic* on Silver presented here by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in any article re-posting to avoid copyright infringement.

To see Part 1 go here.

* http://www.visualcapitalist.com/portfolio/the-silver-series-supply-and-demand-part-2(For more information on silver, also view Endeavour Silver’s Education Hub)

Other Infographics on Gold & Silver:

1. Death, Deception & Betrayal: The Crazy Things Done in the Name of Gold & Silver

Gold is one of the rarest minerals on earth. To put that into perspective, more sheet metals is pored each hour than the entire amount of gold poured throughout history. That being said, the USCS estimates that silver in the earth’s crust will be depleted by 2020 at the current rate of consumption. For more interesting facts about gold and silver check out the infographic below and the links to many other such gems of information.

2. Why Is There Such An Interest In Gold?

Is gold a commodity or currency? How does it behave as an investment? What are the fundamentals of investing in gold? What are the different ways investors can get exposure to gold in their portfolios? The answers to these questions and many others are answered in this latest infographic from Visual Capitalist.

3. Part 1: An Infographic on the History of Gold and What Makes It So Great

Wars have been fought over gold, love has been expressed by it an gold has changed the landscape of civilizations and the world – but what makes gold so great? This infographic examines the history of gold from ancient history to the gold rushes of the centuries ago. It looks at its properties and how it became not only a currency, but the gold standard.

4. Part 2: An Infographic on Gold Mining & Supply

From ancient times to the famous gold rushes, gold was first discovered in placer deposits….Today, however, most gold comes from hard rock deposits where gold is disseminated or associated with other metals and mined either through open pit or underground mining. This infographic tells (shows) you everything you need to know about gold mining and its supply from around the world.

5. Part 3: China’s Role in the Future of Gold

In this infographic we look at how gold growth in China will impact the future of the precious metal. In Q4 of 2011 and continuing into 2012, China has bought more gold overall than even India and will continue to play an important role in consumption.

6. 2012 Ranking of Global Gold Mines & Deposits

How many ounces of in-situ gold exist? How many gold mines exist in Canada and elsewhere? How rare is a 1.0 million ounce undeveloped deposit? This report answers these questions and more while providing insight into the scarcity of mines & deposits.

7. Take a Look: This Interactive Infographic Shows Gold’s Ongoing Interaction With World Events

As long as there have been people, there’s been an attraction to gold. From pharaohs to hedge funds, gold has been an important tool of building and protecting wealth. Take a look at the interactive gold timeline below which carries you through gold’s enduring path as a universal symbol of wealth.

8. This Infographic on Gold Shows/Tells It All

The Gold Tree Infographic below visualizes above-ground stock, sources and uses of gold and pictures the different forms of gold investments – ranging from physical gold in the form of bullion gold to securities not backed by gold.

9. Vaulted Gold: What Is It and How Does It Compare With Other Gold Investments?

The infographic below on vaulted gold explains what vaulted gold is and visualizes key facts relating to investments in gold that is stored on behalf of investors in high-security vaults.

10. Where in the World Does All the Gold Come From? Look at This Infographic

Gold-producing countries are found on nearly all continents, and represent the gamut of economies from developed super-powers to small, emerging market countries. With gold’s spectacular rise in price and related demand, it’s worth your time to know a little bit about where all the gold comes from.

11. Part 1: The History of Silver As a Currency – and More

Silver has thousands of industrial uses and is considered a store of wealth by investors. The infographic below illustrates silver’s history as a currency in the past and as an essential component in industry and technology today.