by Adam Hamilton
Zeal LLC
Silver has suffered a series of sharp selloffs since mid-June, serious collateral damage from gold-futures speculators’ fears of Fed tightening. Naturally silver bearishness has steadily mounted in recent months as this precious metal cascaded lower on balance. But interestingly this chronic silver weakness hasn’t seemed to faze investors. They’ve apparently largely held on to their silver, undaunted by the relentless selling.
Unfortunately the best-available global fundamental silver data including investment-capital flows is only published once a year. The Silver Institute releases its outstanding World Silver Survey around May, which covers the preceding calendar year. That comprehensive report includes extensive data on silver supply and demand worldwide. It is must-read for any speculators or investors interested in trading silver.