Silver Prices: Tech Sector to Send Silver to $50 an Ounce?

Published here: http://redirect.viglink.com?u=http%3A%2F%2Fwww.profitconfidential.com%2Fsilver%2Fsilver-prices-tech-sector-to-send-silver-to-50-an-ounce%2F&key=ddaed8f51db7bb1330a6f6de768a69b8

There’s one big factor that continues to be ignored by investors when looking at silver prices: many technology products need silver. Silver is used in smartphones, tablets, laptops, and many other home and business electronics.

This may sound like a bold statement, but the technology sector could take silver prices to $50.00 an ounce.

In 2015, industrial demand for silver reached 588.7 million ounces. Of the 588.7 million, 246.7 million ounces of silver were used for electrical and electronics. (Source: “.

The post Silver Prices: Tech Sector to Send Silver to $50 an Ounce? appeared first on Profit Confidential.