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'Investment Demand Seen Driving Silver in 2012' expats


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Investment Demand Seen Driving Silver in 2012

-- expats
Forum Post
12/09/11 17:30
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Investment Demand Seen Driving Silver in 2012

Thank author of this post/commentPredicting that "silver could rise from $33 to $50 an ounce next year," a Money Morning article argues that the price will be driven up by a continuation of 2011's increased investment demand : "We are rewriting the rules by turning silver into an investor's metal. Instead of the price being a measure of its value in manufacturing, the silver price is becoming a measure of how big a mess the global financial system becomes." More conservatively, HSBC sees an average price of $34 an ounce in. .

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