40 billion ounces - Total worldwide silver production since 3000 B.C
26 billion ounces - Total worldwide silver production since 1900 A.D.

670 million ounces - Total annual silver production from mining (2007)*
180 million ounces - Total annual silver production from recycled silver (2007)
40 million ounces - Total annual silver production from government sales (2007)
890 million ounces - Total annual silver production from all sources (2007)
890 million ounces - Total annual silver demand from all sources (2007)

450 million ounces - Total known depositories of above ground silver (2007)**

1% - Percentage of known depositories compared to total worldwide production since 3000 B.C.
2% - Percentage of known depositories compared to total worldwide production since 1900 A.D
51% - Percentage of known depositories compared to total worldwide production (2007)

65% - Percentage of total silver production since 1900 compared to total amount ever produced
2% - Percentage of total silver production in 2007 compared to total amount ever produced

75% - Percentage of total silver production from mining (2007)
20% - Percentage of total silver production from recycling (2007)
5% - Percentage of total silver production from government sales (2007)
4% - Increase in total silver production between 2006 to 2007

60% - Percentage of silver production used in industry (2007)
20% - Percentage of silver production used in jewelry and silverware (2007)
15% - Percentage of silver production used in photography (2007)
5% - Percentage of silver production used in coinage (2007)
100% - Percentage of annual production used in industry, jewelry / silverware, photography and coinage (2007)

6 ounces - Number of ounces ever produced per person for current population on earth
10 persons - Number of persons per ounce of silver produced (mining - 2007) for current population on earth

10 to 1 - Historical ratio of total historical silver production to gold production (ounces)
15 to 1 - Historical average, ratio of silver ounces to gold ounces as equal value
53 to 1 - Current ratio of silver price to gold price ($800 divided by $15)

$600,000,000,000 - Value of total worldwide silver production since 3000 B.C. (40 billion ounces X $15.00)
$390,000,000,000 - Value of total worldwide silver production since 1900 A.D. (26 billion ounces X $15.00)
$10,000,000,000 - Value of worldwide silver production (mining - 2007) (670 million ounces X $15.00)
$6,500,000,000 - Value of known depositories of above ground silver (450 ounces X $15.00)
$400,000,000 - Value of silver investment demand (2007) (25 million ounces X $15.00)

$1.52 - Average weighted cash cost per silver ounce for production (2007)

*Silver is currently produced in at least 55 countries. Peru currently produces the most silver, followed by Mexico, China, Chile and Australia. Two thirds of the total production of silver is the result of byproduct recovery from refining lead, zinc and copper.

**Known depositories worldwide - Exchange Traded Funds (ETFs), Holding Funds, Other market exchanges, Other publicly known warehousing or government stockpiles (Unknown amounts include unaccounted investment silver, old scrap, undisclosed stockpiles)

A Case For Silver
Silver Revisited
Marion Butler

The Money Charts - 2008
Jason Hommel - Silverstockreport.com

Silver; A Small or Tiny Market?
Wally Bentley

Silver - Supply and Demand
The Silver Insitute