Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)

Investors Getting Bullish on Silver and Other Silver News

  by    0   0

The price of silver was up better than 15% in 2019. This has led to a major improvement in investor sentiment toward the white metal, according to a report highlighted in the latest issue of the Silver Institute’s Silver News.

According to the report, silver got a boost from a host of factors, including economic and geopolitical concerns that drove safe-haven investment in precious metals.

There were healthy gains in physical silver investment in 2019, with bar and coin sales expected to chart a three-year high. Global silver mine output is expected to show a 0.7% decrease.  For the second year in a row, silver industrial fabrication was expected to hold at a record high. Global silver jewelry and silverware demand were projected to grow by 3% and 4% respectively in 2019.

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

  • 2019 was one of the best years for solar installations in the European Union (EU), according to the first EU Market Outlook published by SolarPower Europe. Silver plays a key role in solar panel fabrication. Metals Focus, the global precious metals research firm, forecast that 96 million ounces (Moz) of silver would be consumed globally in PV in 2019, a 2 Moz increase over 2018.
  • Silver ions help make organic light-emitting diodes less toxic and more stable. Organic Light-Emitting Diode (OLED) displays are brighter, have higher contrast and use less power than conventional plasma and LCDs.
  • Silver is a crucial part of flexible electronics from printed-on antennas to body wearables to phones that fold, but one vital component has eluded engineers until now: batteries that bend, stretch and twist along with the gear they power. Here again, silver’s malleability and its high electrical conductivity are playing a role as researchers at ETH Zurich, Switzerland, have developed a flexible, thinfilm battery that can be bent, stretched and even twisted without interrupting the supply of electricity.
  • Nanosilver produced from blue-green algae offers promise in colon cancer therapy.
  • 3D Lab in Warsaw, Poland, has developed technology that improves the process of turning silver into powder for 3D printing applications.

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

The Fed Delivers What’s Expected

If you go to McDonald’s, you expect to get a hamburger. If you go to KFC, you expect to get chicken. And if you go to the Federal Reserve, you expect to get easy money. The Fed delivered exactly what you would expect at this month’s Federal Open Market Committee meeting that wrapped up Wednesday.

READ MORE →

Lockdowns May Have Permanently Scarred the Labor Market

Every week, analysts and pundits pour over the latest weekly jobs report looking for signs of life. Every month, we dive into the monthly unemployment numbers hoping they signal economic recovery. But these unemployment numbers don’t tell the whole story. The government economic shutdowns in response to the coronavirus pandemic have deeply wounded the economy […]

READ MORE →

China Signals It May Dump More US Debt

The Chinese are threatening to dump US Treasuries even as the federal government borrows money at a torrid rate. If the Chinese were to follow through, it could wreak havoc on the bond market and send interest rates surging despite the Federal Reserve’s best efforts to hold them down.

READ MORE →

Federal Deficit Blows Past $3 Trillion

The federal government added another $200 billion-plus to the budget deficit in August, pushing the fiscal 2020 budget shortfall to over $3 trillion with one month still left in the fiscal year. Uncle Sam continues to rack up enormous monthly budget deficits. The August shortfall came in at $200.1 billion, according to the Treasury Department’s […]

READ MORE →

Gold Flows into ETFs for Ninth Straight Month

Globally, gold-holding in ETFs increased for the ninth straight month in August with the appetite for gold notably increasing in Asian markets. ETFs added a net 39 tons of gold last month, according to the latest data from the World Gold Council.

READ MORE →

Comments are closed.

Call Now