Whilst the paper silver trade may work to push the price lower, supply/demand fundamentals are likely to kick in and provide support to the price. We take a quick look at some of these key fundamentals and notice that they’re looking even healthier than gold’s.
The knock down the silver price experienced towards the end of last year may have spooked many considering silver investment, however market analysts and the fundamentals are all pointing to big gains in the next year
Look for silver prices to keep rising in the years ahead. That being said, 2013 is likely to be pivotal for the more affordable precious metal. Now that gold has set and surpassed its own all-time highs, look for silver to be next.
In the next decade, a rebirth of silver industrial demand, thanks to the emergence and growth of a number of new end uses, will join continued strong investment demand to push silver prices sharply higher.