Commodity Trade Mantra

Posts Tagged ‘Silver Usage’

Silver has Stormed Ahead This Year, But can it Continue it's Bull Run?

Silver also benefits from an upturn in the industrial cycle. Around three quarters of the world’s silver output is a by-product of mining for other metals, so cuts in capital expenditure or closure of zinc, lead and copper mines over the last two years have effectively driven down the supply of silver as well. Sine demand is high, supply is scarce, we can safely say that silver prices will continue to rise.

A Major Silver Shortage Must and Will Occur

With plunging base metal prices, given that majority of silver production is by-product from base metals; its entirely possible that global silver production declines 25%-50% over next 3-5 years, unless prices significantly increase. Silver industrial demand excluding silverware, jewelry, coins & bars is forecast to increase by 27% over the next 5 years.

A Few Reasons to Consider Buying Silver

Silver is not only a precious metal currency but also has massive industrial and technological demand, particularly in the technology sector. Smartphones alone generate billions of dollars in silver demand, much of it coming from technology giants. This article presents some bullish evidences to argue in favor of silver.

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