>Silver's use in industrial applications is expected to gain nearly 7 percent to 484 million ounces in 2013 and an additional 6 percent to a record 511.6 million ounces in 2014, GFMS said in a report Thursday for the Silver Institute, a trade group.
On top of that add in China's huge demand forecast by 2015 for solar power which requires silver.
>Last week, the global head of metals analytics at GFMS told Reuters that silver prices may climb as much as 38 percent in 2013 from current levels.
Sorry but that's a joke of a forecast. Silver to only move 38 in the entirety of 2013???? LOL
If Gold goes past it's all time high then Silver will most certainly do that too.
Once silver goes past $50 then that alone will be a 50% increase.
Some analysts never cease to amaze me.
price rebound, page-37
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