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Silver and Gold will move in opposite directions in 2011
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<p>[QUOTE="Evom777, post: 1076245, member: 27123"]Silver has one thing going on in its favor.....Highest conductivity of ANY metal. With China embracing the techno-boom, (as well as leading the way in manufacturing electronics) and India and Brazil emerging as well, the demand for silver in electronics will remain high for a long time. </p><p><br /></p><p>Regarding jewelry....As Medoraman found out, there are many customs regarding marriage that involve gold. One would think that with gold holding on to its $1300 level that countries like India would have gravitated away from their customs, but the exact opposite is holding true. In China the demand for gold jewelry has not nearly diminished as much as some thought. (including me) Granted, the demand for silver jewelry has increased as it`s an affordable alternative to gold, but the Chinese are buying both gold and silver jewelry/bullion. </p><p><br /></p><p>With emerging juggernauts like China and India, I`m not worried about the future of the PMs for a long time.[/QUOTE]</p><p><br /></p>
[QUOTE="Evom777, post: 1076245, member: 27123"]Silver has one thing going on in its favor.....Highest conductivity of ANY metal. With China embracing the techno-boom, (as well as leading the way in manufacturing electronics) and India and Brazil emerging as well, the demand for silver in electronics will remain high for a long time. Regarding jewelry....As Medoraman found out, there are many customs regarding marriage that involve gold. One would think that with gold holding on to its $1300 level that countries like India would have gravitated away from their customs, but the exact opposite is holding true. In China the demand for gold jewelry has not nearly diminished as much as some thought. (including me) Granted, the demand for silver jewelry has increased as it`s an affordable alternative to gold, but the Chinese are buying both gold and silver jewelry/bullion. With emerging juggernauts like China and India, I`m not worried about the future of the PMs for a long time.[/QUOTE]
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