SILVER UPDATE & Why Investment, Not Industrial Demand Will Be Main Future Driver Of Price

If the U.S. Government comes out with a new stimulus plan, then we are going to see higher silver and gold prices. However, if there isn't a new bill...

by Steve St Angelo of SRSrocco Report

In my newest update, I explain that the silver price trend for the next quarter will depend on what happens over the next 7-10 days. If the U.S. Government comes out with a new stimulus plan, then we are going to see higher silver and gold prices. However, if there isn't a new bill put forth, we could see a short-term correction in the precious metals and broader markets.

In my YouTube update, Silver Update & Investment Not Industrial Demand Future Driver Of Price, I provide a brief silver market price update followed by why I believe silver investment, not industrial demand, will be the leading driver of the future price. I include a new chart comparing silver industrial demand versus investment demand.

However, while I do provide a short silver price update, I did a recent VIMEO video for Silver-Gold Members, including 11 charts on the silver-gold prices and the U.S. Dollar Index:

I see physical silver investment demand surpassing industrial demand in the future, pushing the silver price up to very high levels.

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