silver demand

The past 6 years haven’t exactly been the easiest of times for silver investors. For those who were astute enough to notice the explosion in the the money supply following the housing crisis, buying precious metals seemed like a great investment. Yet prices have declined from a peak of $49 in 2011 to as low as $15 . . . .

It has been a rough year for many primary silver miners as two-thirds have suffered declines in production.  Also, many high-ranking silver producing countries are also experiencing a pronounced reduction in their domestic silver mine supply . . . .

Silver bullion prices are expected to jump as solar and smartphone demand rises and the Fed tries to stave off economic weakness . . . .

India’s cultural affinity for silver underscores the country’s importance as a leading source of demand in the global silver marketplace.  The breadth of the Indian silver market resonates across much of the country, currently the world’s seventh largest economy . . . .

Gold is the preeminent monetary metal, and throughout history to this day, it has projected the most enduring images of wealth. Consider how often gold bars are used to depict glamour and riches. Silver is in its shadows, but as an asset, it contains similar wealth-protecting qualities, perhaps with even greater return potential . . . .

Rising demand for silver in two of the world’s largest consumers, China and India, since the beginning of this year is seen raising hopes of a better price performance for the metal . . . .

Chinese trade data has showed that the most monthly silver imports in May since 2010, while platinum imports were the strongest in more than a year . . . .

Global silver mine production in 2016 recorded its first decline since 2002, largely the result of lower by-product output from the lead/zinc and gold sectors . . . .

The price of silver will likely climb in 2017 and over the next several years . . . .

Investors looking for the next big trade shouldn’t ignore silver prices . . . .