Silver To Eclipse $100 On Skyrocketing Chinese Demand
from KingWorldNews:
We are seeing massive demand for photovoltaics out of both Japan and China. We are also continuing to see massive demand for silver in the Middle-East for this type of energy infrastructure as well. Eric, KWN readers need to understand that the demand for silver is literally set to explode because of the enormous increases in demand for physical silver because of photovoltaics.
While all of this is happening, the mainstream media is saying that China is about ready to fall apart. But the reality is that China plans to urbanize a remarkable 200 million people over the next 10 to 15 years. Well, the cost is roughly $50,000 per person. So China is going to be spending a massive amount of money for materials — copper, lead, zinc and especially silver.
As we speak, Eric, China has just raised their target for solar power.
Stephen Leeb continues @ KingWorldNews.com
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Whistler Blowers, Insiders
The only precious metal which is being used up and it’s only $20 per ounce – what a steal.
No pun intended….???