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Is silver poised for a strong upward move?

Posted on 05 June 2014

Silver could be poised to benefit from a strong upward move, according to a report by ETF Securities, although some expect gold to outperform. ETF Securities argues that increasing demand, such as a 17 per cent year-on-year jump in China, and falling supply means prices could be set for a strong upward move.
The firm sees silver as a leveraged play on gold and expects investors to opt for this tactic, due to its above-ground scarcity in comparison to the yellow metal. Silver supply has declined in the past year, despite improvements in mining, after the recycling rate dropped to its lowest since 1999………………………………………..Full Article: Source


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