Silver: Will Industrial Uses Increase Significantly

By: Ian Campbell | Thu, Mar 14, 2013
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I have always thought, and continue to think, that silver is a more difficult precious metal to 'figure out' than is gold. This is because:

That said, you might want to read a recent article that broadly discusses the build-up of silver usage in industrial applications including:

We are facing declining rates of growth in the developed and developing economies, which as I see things the financial markets currently seem to broadly be disregarding. Declining rates of economic growth suggest serious economic headwinds going forward.

It seems to me that it may very well follow that even in a poor macro-economy:

and if one or both of those things prove to be the case, all other things equal that may push the price of silver higher over time.

If that is how things transpire, owning physical silver not just as a 'safe haven' hedge, but as long-term investment, may be becoming increasingly sensible. I suggest you talk that over with your financial advisor.

For a comparative quick overview of silver's industrial uses, I suggest you read Silver's Industrial Use: The Best Is Yet To Come.

Topical Reference: Silver's Industrial Use: The Best Is Yet To Come, from Financial Sense, Ryan Jordan, March 8, 2013 - reading time 4 minutes. Also read:

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his www.BusinessTransitionSimplified.com website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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