<<"What will be bullish, when we see it, is an increase in industrial demand that is long term sustainable and based in technological necessity.">>

The original post was about gold, not silver.

In gold, investment demand is often just that: people looking to hold on to the value of their capital, even in times of high inflation, which is becoming more and more obvious as a potential risk.

In my personal opinion, higher inflation is practically an unavoidable certainty at this point in time.

When has there ever been very much in the way of industrial demand for gold? (Excluding jewellry, which is not really "industrial demand" in my opinion)

I agree with you Deep - if you are talking about silver.

I am not sure how well it applies to gold.