Silver in Surplus?

[webmaster]

Subject:Silver in Surplus?
By: Roland Watson, The Silver Analyst

Overview: Firstly, there is no such thing as a silver surplus. In the days when the US Government used to hold billions of ounces of silver in stockpile, we could say "Yes". But now with even the US government tapped out of silver and having to purchase on the open markets, silver is no longer drip fed or dumped onto the markets by big holders as of old.

Link: http://news.silverseek.com/SilverSeek/1201537347.php

[sovereignjim]

I think the report is constructed to convince fools to sell.
Most of the 2008 expected numbers look like simple extrapolations.
Except where such a simple minded approach shows a demand increase or a supply decrease. Why no demands figures for U.S. Silver Eagle production?
Why no expected growth by simple extrapolation of the yearly or quarterly ETF history. Why no comment about growth in digital photo holders for the need of a silver produced copy for long term saftey of the image?