Silver Dollar Values Prices Will Be Skyrocketing, Analysts Predict Silver To Hit $100 In 2012?

Aug. 23, 2011 - PRLog -- Silver prices anticipated attaining $100 in 2012? Silver prices have elevated sharply these days. China’s net imports of silver almost quadrupled in 2011 boosted by sharp raises in need through the industrial sector and also the jewelry business. Silver need in China and India has elevated sharply in 2010 and 2011 as more traders use silver as being a store of worth. China’s net imports of silver had been up 400 % to 3,500 metric tons in 2010. Read more at http://silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.

About 70% of China’s silver need arrives in the industrial sectors. Silver is broadly utilized in the manufacturing of photovoltaic panels, digital goods, jewelry, industrial manufacturing, health-related equipments, and h2o purification industries. China will be the world’s biggest producer of photovoltaic power and electronics as long as it has access to silver.

In 2012 silver usage in India is predicted to rise to 5,000 tonnes, based on Albanian Minerals President and CEO Sahit Muja.
Albanian Minerals President and CEO Sahit Muja stated, “The industrial need is one of the other elements impacting silver prices in international markets these days also devaluation of the dollar, inflation, and exchange prices are other elements that have also contributed on increasing silver prices”.

The 40% of silver is utilized industrially - in photo voltaic batteries, h2o purification techniques, mobile phones, circuit boards, plasma TVs and radio frequency identification gadgets. By 2012 it is believed that international industrial need for silver mostly pushed by India and China will increase 30%, from 487 million ounces in 2010, to 624 million ounces. Today is a great time to buy silver before the prices skyrocket even more daily! Visit http://www.silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.

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