A slowing economy is taking its toll on silver’s industrial consumption, with demand expected to fall by 4%; however, demand won’t fall enough to reset the current imbalance in the marketplace. Last week, the Silver Institute reiterated its outlook that silver will see its fifth annual supply deficit of 95 million ounces. Although the deficit is significantly less than last year’s, analysts noted that it is still enough to support prices at record highs. Although silver has twice been unable to hold gains above $54 an ounce, the selling pressure has been limited. Spot silver last traded at $50.75 an ounce, and prices ... (full story)