The silver lining in silver mining

By Stephanie Collins
Seeking Alpha 

Silver has become a valuable commodity investment in the last few years. Although the last couple of years have been a roller coaster for mining companies, many investors interested in precious metals like the fact that silver has considerable more industry usage than its more notorious counterpart gold.

According to a recent HSBC report on the outlook for silver in 2013-2014, there are five reasons that may drive silver prices higher:

  1. Industrial Usage
  2. Demand based on Monetary Easing
  3. Jewelry
  4. Coins and Bar Demand
  5. Use in Solar Power Devices

If silver prices move to higher levels as expected, I believe a few companies stand out to benefit. Here are just a few I have keep a close eye on.

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