Silver sales hit a record in US, China and India
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Global Markets: Silver sales hit a record in US, China and India .
Silver coins sales by the U.S. Mint are reported to be at their highest ever from U.S. silver May sales were even 30% higher than
April's 2.819 million ounces, which in itself was the best ever April on record.
This brings the total sale of American Eagle silver coins to 18.9 million ounces so far this year. The unprecedented high demand for silver will continue .
China's net imports of silver hit a record high of 400% in 2010 to 3,500 tonnes . India consumed about 2,800 tonnes of silver in 2010. The consumption of steel by India is expected to rise to 5,000 tonnes, according to Albanian_Minerals metal trading experts.
Silver prices almost doubled between January and April, spurred by concern about Europe's debt crisis, higher inflation, a weakening dollar, and unrest in North Africa and the Middle East. Global demand for silver for solar panels and hybrids cars to grow 100% year-on-year The green energy market has witnessed 100% strong growth in year - on - year since 2000.
Albanian_Minerals President Sahit_Muja said ' I predict that investments in wind and solar power will have risen to $2 trillion US dollars by 2018". Albanian_Minerals President Sahit_Muja said "Global demand for silver for fabrication of solar panels is expected to grow up to 100% year-on-year".
Global solar panel production is expected to continue to grow strongly on expectations of increased domestic and international demand. A tremendous amount of solar manufacturing capacity is expected to come on stream in China, US, EU, Germany and India in the next 5 years.
Albanian_Minerals President Sahit_Muja said "Albanian_Minerals is widely investing in silver mining and exploration and has JV in different countries".
http://www.prlog.org/11523294-global-markets-silver-sales-hit-record-in-us-china-and-india.html
Albanian_Minerals
New York
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