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Industrial Activity and Investment Demand Will Drive Silver

From etfdb.com

As seen though the S&P indexes, silver continues to show upside. The S&P GSCI Silver index is just ahead of the S&P GSCI Precious Metals index and almost five times higher than the S&P Industrial Metals index near the end of July. The duality of silver as an industrial metal and precious metal will keep it circling within investor atmospheres. Investors seeking portfolio diversification in particular appreciate its potential for portfolio diversification and the growth component of the metal, given its usage in industrial applications. One of the key drivers for continued upside in silver’s prices will be ... (full story)

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  • Category: Fundamental Analysis