BY CHRIS MARCHESE04/24/2011
Despite the parabolic rise in the price of silver just in 2011, investors still have plenty to be bullish about going forward, albeit cautiously bullish as a short term correction could easily send silver down to the $37-$38 level.
Supply-Demand
While Demand continues to soar, particularly on the investment side, the fundamentals still look bullish. Large bullion orders are taking longer and longer to receive from some of the world’s largest mints. But instead of focusing solely on the investment demand side, a recent study released by the silver institute should give investors even more to bullish about as the industrial uses for silver continue to expand at a furious pace, expected to increase 36% by 2015 over 2010.
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