It has been reported that analyst indicated supply of silver will increase more than demand in 2013. (Within an item in The Australian newspaper - Wednesday 21st November).
Unless surge in demand for silver as a precious metal fills the gap there will be an oversupply. A continued oversupply.
Once again unless there is a game changing event or circumstances, a surge in price of silver in 2013 is far from certain.
Further on it may be different as expected surge in use of silver for industry may alter the balance. Maybe?
A stable price around $35 would be helpful for CCU share price - but lower than hoped for price of silver next year can not be ruled out.
As some have suggested sometime in the future price of silver may increase to much higher levels.
Some time in the future?
Must be!
But don't hold your breath.
And remember - your guess is as good as!
Cheers
Vidi
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