Silver Dollar Values Prices Will Be Skyrocketing Along With Safe Haven Demand For Silver & Gold

Why will the prices of gold and silver be skyrocketing? Read why you need to act urgently...
By: James Bakerman
 
July 14, 2011 - PRLog -- Gold and silver are 2011's best investment, as global economic system concerns nonetheless linger. While gold hits a brand new record high, precious metals are nonetheless shining brightly amongst traders. Precious metals - gold, platinum and silver - had been the best achieving asset class over the first fifty percent of 2011, supplying a return of 4.9 per cent, based on analysis by Lloyds TSB. A mixture of the commodities boom and also the desire for safe haven investments has pushed the returns, but gold isn't leading the group. Go to http://www.silverdollar.cc for more profitable silver and gold tips.

Silver was the valuable metal that worked out the best, substantially outperforming the other precious metals over the first fifty percent of 2011 with prices increasing by 14 per cent - this really is more than two times the increase in gold prices (6.6 per cent).

Gold and silver: Nonetheless shining brilliantly with some massive returns periodically. In addition to its place as being a safe haven investment, substantial need for industrial requirements has contributed to the powerful rise in the price of silver. Visit http://silverdollar.cc for more useful silver and gold tips.

Regardless of the extraordinary rise in the price of silver, it's dipped significantly since its top performance in April 2011, exactly where it attained $49 per troy ounce - an increase of 59 per cent ever since the start of the year. In the end of June, it had been 28 per cent reduced at $35 per troy ounce, amid a time period of elevated marketplace volatility. Yet silver prices in the end of June are nonetheless 87 per cent greater than in the exact same arena in 2010.

Searching over a ten-year time period, the price of silver has increased a whopping 708%, gold 457% and platinum 209%.

In April 2011, gold prices broke through to historical highs of $1,532.91 an ounce and since then, gold prices have carried on to climb and therefore are now reaching even greater heights - it hit a brand new record high of $1,591 on Wednesday of this week.

The report also discovered that precious metals delivered the best returns per annum over the previous 10 years (36 per cent), closely succeeded by commodities (34 per cent) and United Kingdom shares (26 per cent).

Searching in the previous 10 years, precious metals have also supplied the best returns over a ten-year time period (416 per cent) using the drop in interest rates more and more the opportunity cost of keeping this asset.

Suren Thiru, an economist at Lloyds TSB, stated: Precious metals continue to provide the best returns for investors against a backdrop of continued anxiety over the prospects for global economic growth and concerns over Eurozone sovereign debt risk and high inflation. Precious metals have benefited from lower interest prices over recent years as well as their place as being a hedge in opposition to inflation and monetary marketplace uncertainty. With financial institution prices nonetheless at record lows, keeping cash delivered the littlest returns (0.3 per cent) over the first 6 months of the year. I believe you have an opportunity today to invest in gold and silver and get in on a ground floor opportunity for what lies ahead. to Check Out Silver, Selling Gold, Trade Gold, Invest In Gold, Investing In Gold & Silver Now! http://www.silverdollar.cc/Selling-Gold/

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Silver Dollar is really a well-loved commodity among collectors. Several discovered collecting the Morgan and Peace silver dollars to be profitable.
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Source:James Bakerman
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Zip:53701
Tags:Silver Prices, Gold Prices, Silver Dollar Values, Silver Coins, Gold Coins, Silver Bullion, Gold Bullion, Coins
Industry:Banking, Business, Financial
Location:Madison - Wisconsin - United States
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