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Friday, November 9, 2012
Asia Pacific Bullion – Why Buy Silver?
Why Buy Silver?
Silver is the most under-valued precious metals in the world now as compared to Gold and Platinum. That is because Gold is rarer than Silver but how about tomorrow?
Silver is used in a wide spectrum of industrial application as well as jewellery and ornaments. Almost every electronic item we use in our daily lives will require the use of some silver. Demand for Silver has been growing steadily in the past few decades due to the explosion of electronics product consumption worldwide and this demand will continue to rise steadily beyond the next decade.
Majority of Silver mined are used for consumption whilst majority of Gold are added into gold inventories and stockpiles. If this trend continues, Silver should close the price gap significantly against Gold prices within the next decades and the potential upside on Silver prices will be extremely tremendous.