95 percent of all the gold ever mined is still in existence today in one form or another. On the other hand 95 percent or more of the silver that has ever been mined to date, has either been used or destroyed in small quantities, for many industrial and technological applications. So the majority of it is gone forever.

While the élite and the central bank’s own tons of gold bullion, it's interesting to note that they hold no physical silver. Physical silver is cheaper than physical gold. Therefore the average person could without much thought, buy an ounce or two at any time without hurting their wallets or upsetting their budgets. On the other hand…

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The monetary function and investment demand for silver has been in the news quite extensively in recent months. The investment side for this precious metal of course is extremely important. However we also cannot forget the sheer importance and value that comes from the metals industrial side. This provides for newer technologies as well, according to Phil Baker President and CEO for Hecla Mining.

Recently Baker was quoted as saying that “the silver markets of today actually can be closely compared to the same markets a century ago”. At this time photography was really starting to take off and industrial silver demand was on the rise. “From the mining company’s inception in the late 1890’s through the early 1980’s silver mining had been a booming business with huge physical demands in industrial applications for the white metal. However, by the mid 1980’s and during the next twenty years the silver industry had…

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