The Really Useful Silver thread

Been reading a bit over the last few weeks about silver.

Apparently Warren Buffet, Bill Gates, and some other big investors are heavily into silver - several million, or in BG's case 150million dollars and they expect the medium term price to b only one way...UP!

I read somewhere too, that of all the gold that has been produced since the dawn of time, over 90% is still available to the market, but of silver over 90% has been consumed, and because it is an industral metal as well as a semi-precious, metal, the price is only going one way as demand outstrips supply.

Don't have a position one way or the other but I wish I had a few hundred thou' kicking around in loose change, cos I know where it would go.

W.