05.06.2014 - Is silver poised for a strong upward move?
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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