$520 for 5 ounces Silver or $104 for one ounce Silver

http://www.providentmetals.com/2012-...x-and-coa.html

There are 1 million or more silver coins which command price of $100 to $260 an ounce. This means, today there are buyers who will pay $100 to $260 for 1 ounce silver.

When 50,000 Silver coins are sold for $104 an ounce but Silver and gold price displayed on computer screen show "fall" that means somebody will be in serious trouble.

There's more Chinese with investable income then the entire American population and the chinese government is encouraging gold and silver investing.

There is software error or bug which shows Gold & Silver price "fall" 1% or 2% or 10% when the fact is the price has gone up 1% or 2% or 10%.

Read this:

The world has already witnessed a 93% drop in global inventory of Silver since the 1950 and consumptiom, investment demand continues to outpace supplies, that the world could witness silver shortage as early at 2015 or if not latest by 2020, according to FutreMoneyTrends.com.

In a new video titled ‘All Hell Will Break Loose in the Physical Market If Silver Goes down: Silver Investment Update’, it is said that in 1950 there were 10 bn ounces of silver above ground available which was sufficient for 140 months of supplies but by 1970 available supplies were sufficient for only 70 months and by 1990 15 months and by 20101 11 months.

http://esilverprices.net/world-could...rtage-by-2015/

There are millions of people who have 10 Kg to 500 Kg and more Silver. Big companies will pay them $100 or more for one ounce Silver when there is shortage of physical silver.

This means today Silver has a value of $100/an ounce or more. Correct me if I am wrong?

This is the reason there is heavy buying going on for physical Silver.