gfms silver interim presentation 1 the market in 2006 philip klapwijk chairman limited institute new york 14 th november 18 analysts consultants full time representation uk india china australia not just desk based more than 350 companies and organisations 39 countries visited by our personnel last 12 months annual gold platinum & palladium surveys also weekly monthly quarterly bi reports plus consultancy services across all precious base metals steel for information see www co group s unique research capabilities programme qsilver prices qdemand qsupply qinvestment qprice outlook outline 3 4 5 6 7 8 9 10 11 13 15 jan 00 01 02 03 04 05 06 u oz price 2005 average us 31 up y o oct 24 58 0 source ltd 2 75 100 125 150 175 200 225 apr jul i n d e x j an