Silver demand as a guide for silver’s next price move

In fact, globally, silver investment demand is up essentially from ZERO just 10 short years ago (take some time to allow that to sink in when thinking about the change in investor sentiment toward precious metals in recent years.)

And demand for silver isn’t just an American phenomenon. Last month, somewhat surprising news came out of India of a roughly 130 million ounces of silver imported into that country in just the first six months of the year. This was in response to the shutdown of gold imports into that country.

Because more than 50% of silver demand comes from industry (with the remaining 20% or so from jewelry and silverware), there are other factors to be considered when thinking about the price of the white metal. One of the larger factors is the state of the global economy in general and in particular of certain industries — among them the solar industry.

Read More: www.resourceinvestor.com/2013/11/18/silver-demand-as-a-guide-for-silvers-next-price-mo