Silver gains popularity among investors amid economy fears

 

Worries about the challenge of reviving the sluggish US economy and dealing with the Eurozone debt crisis have prompted nervous investors to find safe havens to put their money.
Gold has been long considered a safe-haven asset, but investors are now being attracted to silver.
The BBC's Leisha Chi has been finding out why some bullion experts believe silver will outperform over the next few years.
 

http://www.bbc.co.uk/news/business-20954417 

 

Silver prices will go crazy as demand overwhelms supply: Embry

 John Embry, chief investment strategist with Sprott Asset Management, believes silver prices will go "ballistic" as demand massively outpaces supply while investor demand builds due to dwindling above-ground sources.

Speaking to King World News Embry notes that over the past half century billions of ounces in above ground silver have been consumed, with the precious metal serving as both as investment holding and key industrial material.
According to Embry demand far exceeds the amount of silver coming out of the ground or silver being recycled, and prices are set to go "crazy" as the skewed supply-demand relationship unfolds.
Although Embry remains immensely optimistic about gold and foresees a raging bull market in both gold and silver, he also expects the gold-silver ratio to decline as is typical during strong periods for precious metals.

 http://www.mining.com/silver-prices-will-go-crazy-as-demand-overwhelms-supply-embry-36227/