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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

If China likes silver, maybe we should too

Posted on 28 January 2013

Silver’s drawing more and more attention as an investment these days, especially from China. That appetite has made silver bulls giddy and lifted prices closer to a record.“Investment demand, not industrial demand, is what drives silver prices right now,” said Mark Thomas, author of email-alert service provider SilverPriceAdvisor.com. “World investment demand is starting to really pick up.”
Chinese citizens are “now buying silver because gold topped out in 2011 and silver is much more affordable,” said Thomas, a silver bull who has recently tripled his exposure to the white metal………………………………………..Full Article: Source


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