Silver Outlook 2013: Industrial Demand the Wild Card in an ...
by Michelle Smith, Silver Investing News:
For nearly a decade, rising investment demand for silver ? from coins to futures to exchange-traded funds ? has been the primary driver behind a bull run that has taken silver prices from a meager average of $4.85/oz to highs not seen in 30 years.
Since the 2008 crash, investors have counted on continued central bank quantitative easing measures to devalue global currencies and push gold and silver prices higher. Now, many analysts are once again looking to massive liquidity expansion and the resulting currency devaluation to drive safe-haven investment in precious metals.
Silver guru David Morgan said he expects investment demand growth to continue in 2013 for two reasons:
Read More @ SilverInvestingNews.com
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