Since platinum group metals (PGMs) are a necessary component of catalytic converters, and pretty much every vehicle with a combustion engine needs a catalytic convertor, the correlation between PGM prices and activity in the automobile industry is well-known. Similarly, a significant amount of silver's global demand comes from electronics manufacturing. But with an industry sector as broad as "electronics," it’s difficult to find correlations between electronics demand and silver prices that have the same consistency and statistical significance as PGM prices and automobile demand (after all, consider how many ... (full story)