1. Silver

2. Price Trend
• 1 ounce ~ 28.34grams
• 36 ounce ~ 1.02 kilogram

3. World Silver fabrication Demand (2010)
Total Fabrication Demand
in 2010:
+12.8% to 878.8 Moz
Annual Changes:
2010 less 2009

4. World Silver Supply (2010)
Total Supply in 2010:Up 14.6% at 1,056.8 Moz

5. Future And Conclusion
Future
 Total world fabrication demand forecast to be around 10% higher y-o-y.
 Jewelery & Silverware demand combined expected to decline marginally due
to continuing high prices.
 With investors continue to demand silvers coins, Investment demand expected
to grow.
Summary
 9.1% annual rate of appreciation over this 19-year period .
 Silver will start garnering worldwide attention just like gold.