Many investors are curious to find answer for this question.As past 2 years silver had surged to its highest ever record and this past week it stood up by 4%.Many analysts have a view that this rally might not be sustainable.Silver in April had the largest monthly jump in 28 years.Though this race was started with gold but now it has been slower in increase.When gold started its most recent run after the banking crisis in fall 2008, it posted a 25 percent gain for all of 2009.

Is it a price bubble ?

Silver is poor man’s gold ,,,not now it is now the smile of rich people.Though silver cannot act like gold but its growing demand world wide has made it a financial investment.

Consumption

If you look at the consumption rate of silver in India for the FY year 2010-11 it has rose up by 80 per cent.That is 2,800 tonne of silver last financial year, against 1,500 tonne sold in 2009-10. The demand is more for the metal in the bar form, rather than jewellery.

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Amazon had reported their first quarter results for this year.According to them net income has been reduced to 33 percent as company looks to expand its operations by creating more warehouses and technology.

Many investors believe that even though this expansion may be costly but will make the company more competitive.

Amazon’s CFO Thomas Szkutak commented – “We’re just seeing tremendous growth, and because of that we’re having to invest in a lot of capacity,”

Hear the conference here

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