Investors' $102 Billion Metals Wager Showing Bull Market Intact

goingbroke

Silver will climb as high as $36 an ounce this year, from $29.1375 now, and gold will reach $1,620 an ounce, from $1,348.85, according to the Bloomberg survey of analysts.

Bullion’s slide from a record is attracting buyers

MilesWaits

A quote from the article:

The precious metals most used in industry outpaced gold since the U.S. economy returned to growth in the third quarter of 2009. Palladium rose threefold, silver more than doubled and platinum jumped 57 percent, compared with gold’s 46 percent gain. Platinum and palladium are used in catalytic converters for cars and trucks. The London Metal Exchange index of industrial metals from aluminum to zinc jumped 86 percent.

Gotta love that Palladium! Gotta love my CANDO Maples!

Miles

Steve27

Interesting article, and answers a question posed in another thread about silver:

"Once written off as demand for photographic film waned, silver found new uses in everything from solar panels to plasma screens, making it the precious metal most used in industry. "

MsMorrisine

numbers are guesses unless they have fundamental reasons in an explanation after that number.