Can All Of Your Important Questions About $2,000 Gold And $100 Silver Be Answered Now?

It is hard to have a completely bullish outlook on development when you are looking at resource scarcities that are going to impact China also. Read why you need to now...
By: Harold J. Staslov
 
Nov. 5, 2011 - PRLog -- The chairman and chief investment officer of Leeb Capital Management, Stephen Leeb, is really a large fan of silver. In a recent interview, he explained why he thinks the Silver Price is heading for triple digits, like over $100 per ounce. Go to http://silverdollar.cc for profitable investing ideas.

He thinks you will find two essential fundamentals. One, silver’s a monetary metal, even though not as widely recognized as a monetary metal as gold right now. However it certainly has a history of being a monetary metal. People will price it for that. You have a race to the bottom in terms of all of the present reserve currencies, like the Euro and also the Dollar. The action in gold is definitely evidence of that. The reality that silver’s price is holding in the upper 30s is fairly great. There’s a lot of downside protection in silver because of its monetary component.

On the industrial side, silver is important. Silver has properties that can't be duplicated on many levels. It is the best thermo-conductor of some thing that's found. It conducts heat better than something else. It conducts electricity better than copper or some thing else. And, it is one of the best reflectors. Is it truly surprising then that silver is really an important component on most solar applications?

China right now is spending about $1 trillion a year on option energies. China controls the solar business. They have a minimum of 50 percent marketplace share. They’ve been underbidding, undercutting everybody in the development and acquisition of polysilicon. Following which comes silver. In order to construct these solar panels, you need silver. Go to http://silver-dollar-values.net for profitable investing ideas.

You have a feasible, utter squeeze coming on silver, a monetary metal with important industrial applications. Silver’s trading about $39 and hasn’t even come down ten percent since the marketplace started sliding. It's an outstanding hedge in deflation. You're going to have demand for silver coming from two locations, which I don't think you are going to have the capability to satisfy, given that silver production these days is rising at a lot slower rate than it was in 2010, in spite of the reality that silver prices are higher. That dictates significantly higher prices for silver.

Do some analysts think the solar element is some thing that's being overlooked in terms of the demand? China will start purchasing silver a lot more aggressively and start accumulating it. There’s very small doubt in my thoughts that China will most likely be accumulating huge amounts of silver.

For silver to accomplish 3 digits in price, would it be a slow, steady march, or some thing that would rocket up? There has been no event that has triggered the large jump in Gold Prices, apart from the gradual realization which you will discover no reserve currencies in the globe that are worth a darn. Precisely exactly the same realization will maintain silver in a powerful, long-term uptrend. I believe people are going to be very shocked, very shocked, when it just goes past $50.

Do you believe that that would happen independent of gold? It'll be independent of gold. I believe all commodities are going to have to go a lot higher. I just do not believe you will find sufficient commodities available to construct out renewal or option energies. I do not think China realizes it. I mean, you’ve got peak price coal; you’ve got peak oil, peak every thing. Silver, even with out the monetary component, would make it into 3 digits.

Some analysts seem to have a bullish sense of growth, international growth also? I wouldn’t say I'm bullish on international growth. I’m bullish on Chinese growth. China’s a wicked enemy of ours. They’re monopolizing resources. They’ll continue to total that because I believe they’re searching out for their very own. It is hard to have a completely bullish outlook on growth when you are searching at resource scarcities that are going to impact China also.

Do most analysts think that gold and silver are in exactly the same asset class? I don't think they’ve ever been in precisely exactly the same asset class. There’s not a large industrial use for gold. It is turn out to be ever more recognized as a feasible reserve currency. Silver does have industrial utilizes. It is industrial vs. non-industrial. They’re totally various classes. But silver overlaps. In a diagram, you'd have silver in every set: the industrial set as well as the monetary set. Go to http://www.silverdollar.cc for profitable investing ideas.

What fundamentals of silver do analysts be concerned about? What would alter your opinion? I think a lot of it has to total with China. What would alter my opinion? If we discovered other methods of making solar power that didn't involve silver - and I do not see any on the horizon - that definitely would merit reconsideration. If China collapsed, then the calculus surrounding the globe total modifications, which consists of silver, but not just silver.

How ought to a retail investor technique silver as an investment? My recommendation could be to technique precious metals as an asset class in and of itself. As an asset class, you try and diversify inside the class. You will find the commodities themselves, which you're in a position to buy through an ETF or you are able to purchase through coins. You'll find plenty of techniques of participating.

What would you suggest for an asset allocation in precious metals? It makes sense to weight it a minimum of on precisely exactly the same level as you'd weight stocks. Whatever your highest allocation is, precious metals ought to be higher than that allocation. These days is really a fantastic time to buy gold and purchase silver while the prices are nonetheless fairly affordable and supplies are nonetheless accessible.

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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:Harold J. Staslov
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Tags:Silver Prices, Gold Prices, Silver Dollar Values, Silver Coins, Gold Coins, Silver Bullion, Gold Bullion, Coins, Jewelry
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