Silver, like gold, has and will always hold value to the elite of societies. The history of silver will take you back as far as 2000 BC to the pre-Hittites of Cappadocia in eastern Anatolia. Turkey is considered the first major source and supplier of silver. They provided the metal to Asia minor for currency and industrial type purposes, where silver was used in coin form for exchange and weapons of war.
Silver production has flourshed throughout time. It is said that 95% of the worlds mined silver has been used and is unrecoverable. From what we understand based on our research, the world has roughly 300 million ounces of silver left above ground. This is all the more reason to buy silver as a hedge against todays struggling global economy.