MASSIVE INDIAN SILVER IMPORTS: Setting Up For Another Big Record Year

``If India imports a conservative 350 mt of silver for each of the remaining two months, that would be a little more than 6,200 mt[-6,500 mt] for 2014. This is a big number and it represents nearly 25% of total global silver mine supply estimated to be 27,000 mt in 2014''... Indian silver demand was so strong this year, that it produced a significant drawdown of U.K. silver inventories. Matter-a-fact, India had to access silver from China and Russia because available supplies from the U.K. were not sufficient.''