iBankCoin
Joined Nov 11, 2007
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Report Sees Record 2013 for Silver, Gold Trends into Fiscal Cliff

“ETF Securities has released its weekly metals outlook. With big gains in silver and gold in recent days, we have been tracking the moves in ETFS Physical Silver Shares (NYSEMKT: SIVR) and iShares Silver Trust (NYSEMKT: SLV).

This morning’s refers back to last week’s report from the Silver Institute that industrial demand for silver, aka The Devil’s Metal, is now expected to rise by 7% in 2013 to a new record. The report also highlights that investment demand will remain a key issue in 2013. Effectively, the report is calling for a rebound in 2013 after silver lost ground in 2012.

ETF Securities said:”

 

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