pay attention to the simple supply and demand metrics....For industrial demand a significant component is solar power which must have silver for the wiring...China intends to move from 2 Gigawatts per year to 20 gigawatts by 2015....that is a huge amount of silver needed....their imports of silver were basically flat lined in 2012 mainly because the big focus was on gold...therefore huge industrial demand for silver is needed....then you get the gadgets ipods, tablets, etc....the 4G require a lot more silver almost double in the screens for resolution...Rumours a month ago that the 27inch Imacs were delayed because of a shortage of silver....

Finally, you got the massive short position of JPM, historical gold/siver ratio of 16 compared to 54 today, not to mention the monetary component caused by massive money printing....

So will silver be higher or lower in a year or two? 40, 50, 70, 100 who knows but I doubt its going much lower so just keep on buying with these gifts.....