News Analysis: Indian Silver Imports Soar, due partially to its affordable price for many Indians and its Beauty. Silver Jewelry has delighted Humanity for Centuries. A possible Record Importation of up to 5,400 tons is viewed as likely this year. Some say that $20.00 per Ounce Silver (Argentum ‘AG’) will be trading at $26.00 per Ounce next year.
As World Economies ‘sputter along’, one can foresee an increase in ‘AG’ demand due to its affordability by the Masses. The more people there are of the persuasion that the “Economic Slowness Will Last”, the increase in Silver Sales, due to its affordability, will occur.
“If one cannot afford Champagne, then Beer will do.” Reality.
Reference: http://tinyurl.com/nfvfzmo