Added to the metal's positive demand outlook are expectations for healthy industrial consumption. In a recent interview with the South China Morning Post, Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society, pointed to strong economic growth in Asia, citing expectations that large amounts of silver will be used for mobile phones and other electronics by the likes of China, Japan and South Korea.“Silver is now trading at a much lower level than its normal difference from gold. As such, we can predict silver will rise further this year,” Cheung said.
Can Silver Outperform Gold In 2013?
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