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Someone’s fibbing>>>Silver Consumption Expected to Grow Supported by New Industrial Applications

Posted by eeos @ 11:40 on January 5, 2015  

Silver consumption in industrial sectors is expected to rally from 2014 on the back of a continued recovery in the global economy. In addition, along with technology innovation, new applications of silver will continue to emerge, supported by lower silver prices, according to a report titled Glistening Particles of Industrial Silver, prepared for the Silver Institute by CRU Consulting. Total silver industrial demand is forecast to grow 27 percent, adding an additional 142 million ounces of silver demand through 2018 compared with 2013 levels. Half of this growth will be accounted for by the electrical and electronics sector, but additional demand will be due to growth in other industrial applications, the report noted. Read more

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.