Tuesday, June 21, 2011

Are We Running Out of Silver?

There are numerous factors that influence the direction of silver prices, but there are two key trends regarding supply and demand that are critical to understand.
The first is industrial use. Demand from a number of industries that use silver has been flat or falling. Household demand for silver like cutlery, flatware, and candlesticks hasn’t risen in ten years. Jewelry fabrication is up but a blip. With the shift to digital photography and image storing, use in photographic film processing continues to fall. And yet, total demand from industrial users keeps climbing.
Read more: Are We Running Out of Silver?
So what’s driving industrial demand?

1 comment:

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