23.07.2015 - Silver Price Forecast: Here’s Why Silver Prices Could Hit $30
Yes, silver prices have been plunging since 2011. But know this: demand for silver is booming while supply is shrinking. The grey metal is due for a big squeeze. The nice thing about the grey metal is that, unlike gold, a substantial amount of demand comes from industries. Silver has been a staple component in industries for many decades. Its outstanding electrical conductivity makes it a necessary component in a many electronic devices. Silver oxide batteries have also been gaining popularity. In addition, silver has a significant presence in the automotive industry, with more than 36 million ounces being used annually in automobiles...............................................Full Article: Source
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