Contact us
CALL US NOW 1-888-GOLD-160

A Bullish Outlook for Silver and Other Silver News

  by    0   1

Silver prices are expected to rise in 2020 with macroeconomic and geopolitical conditions remaining broadly supportive for precious metals, this according to a report highlighted in the latest issue of the Silver Institute’s Silver News.

The Silver Institute projects a 3% increase in silver industrial demand. Demand from the electrical and electronics sector should account for the bulk of the gains.

Global jewelry demand is forecast to maintain modest growth and holdings in silver exchange-traded products (ETPs) are forecast to remain elevated in 2020. Silver physical investment, consisting of purchases of silver bullion coins and bars is projected to increase for the third year in a row, by around 7%.

The latest edition of Silver News also highlights some fascinating technological developments utilizing the white metal and other interesting news related to silver.

  • The Center Smart Materials and Adaptive Systems (CeSMA) at the Fraunhofer Institute for Silicate Research ISC in Würzburg, Germany,  has developed highly elastic sensors and actuators based on silicone and silver. Engineers added silver nanowires to silicone – in alternating layers of conductive silver and insulating silicone – producing a material that can carry electricity while maintaining its flexibility.
  • This issue features an interview with Tradewind Markets CEO Michael Albanese, a Silver Institute member company.
  • Nanoengineers at the University of California San Diego have built micromotors that zip through the body and act as bait for bacteria such as E. coli in acidic environments like the stomach. Once the bacteria are trapped, they are killed by silver ions.
  • A gold-plated silver coin from Latvia shaped like a honeycomb won 2020 Coin of the Year in ceremonies held on February 1 in Berlin, Germany.
  • By using a silver compound — silver diphosphide — as a catalyst, researchers at Wake Forest University in North Carolina are converting greenhouse gas carbon dioxide into liquid fuel (also known as syngas) which is an intermediary in producing other chemicals.

Get Peter Schiff’s key gold headlines in your inbox every week – click here – for a free subscription to his exclusive weekly email updates.
Interested in learning how to buy gold and buy silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Related Posts

Fed Minutes Show No Sign of Backing Off Monetary Hail Mary

Don’t expect the Federal Reserve to pull back on its monetary Hail Mary anytime soon. The central bank released the minutes from the June meeting yesterday. There were no big surprises, but they did reaffirm the Fed’s commitment to continuing its unprecedented monetary policy into the foreseeable future.


Citibank Joins Mainstream Gold Bulls Forecasting Record Prices

Citibank has joined other mainstream gold bulls calling for record gold prices. Citi raised its gold price forecast this week. It now projects a three-month price of $1,825 per ounce and for the yellow metal to head into record territory in 2021. Citi analysts expect gold to eclipse the $2,000 mark early next year.


Which Corporate Bonds the Fed Has Bought So Far?

Earlier this month, the Federal Reserve announced it would begin buying individual corporate bonds. Now we have our first glimpse at what that means in practice. On Saturday, the Fed released a disclosure statement that lists the bonds purchased by the central bank.


More Mainstream Bullishness for Gold

Earlier this week, we reported Goldman Sachs now forecasts record gold prices within the next 12 months. Well, Goldman isn’t the only mainstream player turning more bullish on gold.


Goldman Sachs Eyes Record Gold Price in Next 12 Months

Even the mainstream is getting bullish on gold. Goldman Sachs now forecasts record gold prices within the next 12 months. Goldman analysts say gold will likely reach $2,000 per ounce within the next year thanks to ultra-low interest rates and concerns over currency debasement.


Comments are closed.

Call Now