Silver Price To Surge To Over $100/oz on Global Technological “Gadget” Demand

by Mark O’Byrne

The silver price is set to surge 800% or “ninefold” in the coming years due to global industrial and technological demand, the “gadget boom” and tight supplies according to a leading mining executive, of First Majestic Silver Corporation.

[…] Silver “supply concerns” could “boost the metal’s price ninefold”, according to the CEO of the best-performing producer of the metal as reported by Bloomberg.

Neumeyer, the E&Y Mining Entrepreneur of the Year 2011 said that a major Japanese electronics maker had approached First Majestic Silver Corp. for the first time last month seeking to lock in future silver stock:

Continue Reading at…