In a previous article I pointed out how bright the future is for silver. For example, one of my predictions is slowly coming to fruition. Chart 1 shows how the total silver stock (green dots) is starting to decline, indicating signs of increasing silver demand (or decreasing supply). Even the registered silver (blue dots) has started to decline just recently.
The silver price has been forming a base around $US 27/ounce in the latest months (Chart 2).
As a result of this positive development in silver, several mining companies have shown Merger and Acquisition (M&A) activity in the silver sector.
I'll discuss companies like Pan American Silver Corporation, High River Gold, Liberty Silver Corp., RX gold and silver, U.S. Silver, Vista gold, Endeavour Silver and Kinross Gold.
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