Silver Getting Ready for a Breakout

Financial Post reported on the seasonality of silver trading and the outlook for the coming trading season.

The market news is quoted as saying:

Seasonality in silver is influenced by an increase in industrial demand during its period of seasonal strength. About 40% of silver is used industrially — in solar batteries, water purification systems, cellphones, circuit boards, plasma televisions and radio frequenty indentification devices (RFIDs). Growth in excess of 10% per year is expected to continue in these sectors.

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