by Steve St. Angelo
SRSRocco Report
While precious metals investors are concerned about the short-term price movements in silver, the real focus should be on this amazing silver market trend. When the silver market data finally came out in the new 2016 World Silver Survey (released May 5th), it really surprised me. And, it takes a lot to surprise me.
Not only did physical Silver Bar & Coin demand hit a new record in 2015, it did so in a huge way. Physical Silver Bar & Coin demand jumped 24% in 2015 versus the prior year reaching a record 292.3 million oz (Moz). Part of the reason for the higher record was the addition of “Private Bars & Rounds” to the statistics.