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| Precious Metals Gold, Silver, and Platinum |
Silver like gold was part of trading and economies since it began with the Egyptians, Greeks and Romans.
As of 2010 silver’s broad consumption and usage varied widely for many processes and applications and the main demand resulted from industrial applications (40%), jewelry, bullion coins and exchange-traded products.
There has been a historical correlation between the price of silver to the price of gold. The majority of the 20th century had a ratio that was one ounce of gold would purchase 47 ounces of silver.
The value had been skewed at times by large traders and investors as well as buy changes in industrial demand.
Most recently the price of silver and all precious metals have seen valuation increase due to investors looking to diversify their portfolios and hedge against valuation losses due to global economic circumstances. These actions have created a disconnect between the gold and silver price ratio as well as this additional demand has caused a shortage in available material.
Many investors and analyst speculate that today’s actions have led to a buying or investing opportunity.
Bullish fundamentals of the Silver Market indicate that investing in silver at current prices may offer investors one of the single best long-term investments available.
At the same time as the demand for silver is growing in worldwide markets the supplies of silver are quickly disappearing. Advanced technological uses for silver are placing additional strain on an already-tight future supply. Ever since 1990 the World demand for silver has exceeded annual production year after year, depleting the above-ground silver stockpiles. The U.S. government, once had the largest stockpile of silver in the world but over the course of several decades decided to liquidate billions and billions of ounces of silver onto the world market, resulting in depressed silver prices. Today, that government silver stockpile is gone, and now the U.S. government is a buyer of silver at world prices.
As you can imagine that for these reasons and many more, today’s silver market certainly appears to present itself as an outstanding investing opportunity. The ability to purchase silver comes in many more forms than most metals. Like other precious metal it is available in bullion, bars, coins, jewelry and many other forms including industrial grain/shot. With so many indicators pointing to opportunity to increase you financial position or to help maintain a hedge against current uncertainties and the wide range of purchasing opportunities maybe it is time to consider investing.
Many investors and analyst speculate that today’s actions have led to a buying or investing opportunity.
Bullish fundamentals of the Silver Market indicate that investing in silver at current prices may offer investors one of the single best long-term investments available.
At the same time as the demand for silver is growing in worldwide markets the supplies of silver are quickly disappearing. Advanced technological uses for silver are placing additional strain on an already-tight future supply. Ever since 1990 the World demand for silver has exceeded annual production year after year, depleting the above-ground silver stockpiles. The U.S. government, once had the largest stockpile of silver in the world but over the course of several decades decided to liquidate billions and billions of ounces of silver onto the world market, resulting in depressed silver prices. Today, that government silver stockpile is gone, and now the U.S. government is a buyer of silver at world prices.
As you can imagine that for these reasons and many more, today’s silver market certainly appears to present itself as an outstanding investing opportunity. The ability to purchase silver comes in many more forms than most metals. Like other precious metal it is available in bullion, bars, coins, jewelry and many other forms including industrial grain/shot. With so many indicators pointing to opportunity to increase you financial position or to help maintain a hedge against current uncertainties and the wide range of purchasing opportunities maybe it is time to consider investing.
Many investors and analyst speculate that today’s actions have led to a buying or investing opportunity.
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