Silver Outlook Less Shiny for Bears

CNBC News reported that silver’s volatility and market conditions may not push price of the metal back towards $50.

As quoted in the market news:

From a fundamental point of view, silver’s foundations are looking increasingly shaky. Photography off-take, which accounted for 213.1 million ounces of annual demand in 2001, slumped to 72.7 million ounces by 2010.

Click here to read the full CNBC News report.