Peter Degraaf submits: The fundamental outlook for silver continues to be extremely bullish.
In 2003 I remember reading an article by Douglas Kanarowski titled: “70 forces for higher silver prices”. (To find the article, visit Google and type in his name – the link is at the top of page one). If Mr. Kanarowski were to re-write the article today, he could add several more reasons.
Silver is being utilized more and more in nanotechnology applications. According to a recent report from Nano Markets, a leading industry analyst firm based in California, the market for silver conductive inks is expected to rise from the current 176 million dollars per annum to 1.2 billion dollars during next 7 years. This is a seven-fold increase!
Source: Seeking Alpha