Raw Silver

18.12.2019
23:02
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With some small variations in the price of silver climbed up to the year 2008 steadily on and fivefold to more than US$ 20 per Troy ounce. This is, after all, a value increase of over 400 percent within eight years. Although dropped this value in the context of the financial crisis of 2008/2009 in the meantime to approximately 10 US$ per Troy ounce, but has he recovered currently almost and is again at just under $ 20. Clearly positive development forecast. Reasons for the price increase stems from purely calculated factors the steep upward of curve. First of all, we have a conspicuously increased demand for silver as strongly summed in the areas of application and the demand. As already mentioned, it is used in the electronics and electrical engineering and medicine (including as control medium for working with microbes). In addition, it is used for wood preservation and water treatment, is still used for making jewelry and gaining importance with regard to its suitability as investment-capable and stable investment.

On the other is a rapid decline of the already rare Raw Silver (the gold reserves are about five times as high in relation) the only should become really apparent in a few years. Perhaps check out Gary Kelly for more information. Crucial for the development of the past 10 years is likely rather limited production”? The term is in this respect quite deliberately in quotation marks. Because silver is actually a by-product that mostly is uncovered in the mining of gold, copper, lead and zinc. Not alone for this reason, the world year amount of mined silver is just 20,000 tons. To come naturally recycled products and stocks from the private as well as public sale but these quantities are usually negligible.

Instantaneous state has left clear traces declining and demand growing the combination of the last 10 years. This time period is considered fixed complex, one may speak of a drastic shift of the axis. Phased approach could the buying interest by far flat rejection larger reserves to be covered by countries such as China. However, if you must make a constraint: of course it is the internationally marketable silver not only so-called physical silver. About the hundredfold amount of outstanding precious metals distributed on derivatives (paper silver). Starting relatively stable market conditions since 2002/2003, and taking into account of the decreasing resources at the same time increasing demand, you may expect future forecast a disproportionate increase in value. Especially since it has been shown that the silver price itself to cope with an economic crisis such as 2008, without totally breaking. You expect a boom as a result? The answer is clearly yes”. According to the economic expert David Bensimon, the price of silver could easily arrive up to the year 2014 in the range of $ 160. To reckon with in addition to the optional omission of a considerable percentage of derivatives, the rate may be even much higher.

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