$ Silver $

As of 2005 there was ~240 tonnes of gold consumed annually via electroplating in electronics or for decorative use.

I doubt that even 10% of it is ever recovered.

http://www.ereport.ru/en/articles/commod/gold.htm

 

Great find, thank you.

Love this drop in silver, time to stock up.

 

jprad, thanks for the correction, I agree

Nevadan, thanks for the link, an interesting one.

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2214261>

 

Thanks JaiSreeram, jprad, for the replies.

 

Today SLV closed above 50 moving average (daily chart) for the first time since end of July '08. With the weekly chart pointing to a bounce towards $13.5-$15 looks like we are about to enter higher vola times in silver.

 

SLV looking interesting here. IF 10.50 to 10.70 level can be sustained could have some upside in the days to come...

 

I agree, price needs to BO above resistance, otherwise they will slam it back towards support hard, as they always do

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2222590>

 

Above 1st resistance zone now