In the ETF market investors have apparently changed course as last week over 48 metric tons were added to holdings after two weeks of heavy liquidation. For silver investors with a strategy of buying the dips, this could be a green light period as some market participants view silver's price weakness as short term.This week, HSBC boosted its 2013 silver forecast to $33 and its 2014 silver forecast to $31. The change was attributed to four factors: stronger industrial demand, steady investment appetite, strong coin and bar purchases and a bottoming out of jewelry demand.
Weaker Silver Prices And Forecast Changes
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