2012-09-18mineweb.com

... although photographic usage has dived dramatically with the onset of digital photography, we are now entering a new era of technological change affecting silver's industrial consumption growth which is happening before our eyes.  But this time it is not any single industrial sector which is creating the demand, but a slew of new uses which have grown up over the past ten years or so, and will continue to grow at a rapid rate as some of silver's unique properties in the electronics and medical fields in particular continue to boost industrial consumption of the metal.

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[Meanwhile,] Ted Butler points out that the price rises in both appear to be being driven by large volumes of paper gold and silver traded on COMEX, but is puzzled by the lack of silver deposits into the major silver ETF, SLV. This, he reckons, could be a sign of tightness in the market... Butler warns that this could prelude the big short position holders in silver, and in gold, acting to try and take down the market.



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