SILVER UPDATE & Why Investment, Not Industrial Demand Will Be Main Future Driver Of Price

SILVER UPDATE & Why Investment, Not Industrial Demand Will Be Main Future Driver Of Price

In my newest update, I explain that the silver price trend for the next quarter will depend on what happens over the next 7-10 days.  If the U.S. Government comes out with a new stimulus plan, then we are going to see higher silver and gold prices.  However, if there isn’t a new bill put forth, we could see a short-term correction in the precious metals and broader markets.

In my YouTube update, Silver Update & Investment Not Industrial Demand Future Driver Of Price, I provide a brief silver market price update followed by why I believe silver investment, not industrial demand, will be the leading driver of the future price.  I include a new chart comparing silver industrial demand versus investment demand.

I see physical silver investment demand surpassing industrial demand in the future, pushing the silver price up to very high levels.

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Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy. Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.