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Silver Dollar Values Prices Soar, Sprott: Silver Is Investment Of Decade Beyond Shadow Of A Doubt

The available silver for investment vs. gold for investment is really a ratio of 7:1. But individuals are purchasing it 50:1. Investors cannot purchase at this price for long until something big occurs. Our recommendation is to buy silver today.

 
PRLog - Feb. 5, 2013 - NEW YORK -- Gold started the year out having a bit of momentum upwards following edging down last week. Specialists are waiting to determine how the FOMC meeting, U.S. trade balance, U.S. CPI and PPI, as well as EU Summit will impact bullion pricing as the week proceeds.

In the mean time, billionaire Eric Sprott, CEO of Sprott Asset Management, has no questions about exactly where silver bullion is headed as the new year begins. Holding 90% of his investments outside of Sprott Inc. shares, in gold and silver obviously, Sprott continues his claim that silver will be the investment of the decade - beyond a shadow of a doubt. How high will silver go? Learn more >>  http://www.silverpricestoday.cc/KITCO-SILVER/

In reality, Sprott asserts that silver is set to pull ahead of gold, which is not surprising since silver sales had been 50 times greater than gold sales as of October 2012. As silver becomes rarer than gold, its demand has elevated tenfold. The Mint and miners alike will struggle to stay abreast of the insatiable investor demand as we kick off into a year dominated by monetary uncertainty in the fiscal cliff aftermath.

Recently, Morgan Stanley also concluded precious metals happen to be the best commodities to hedge the inevitable inflation proceeding our way. Tracfone Free Ship http://tracfone.us

Investors are sprinting to safe havens in the weeks of 2013, however the gold rush is absolutely nothing like we've noticed in the past. Rather, investors appear to have selected a brand new favorite: silver bullion. Throughout the 2011 debt ceiling debate, gold increased to record levels. Today, silver's taking the limelight. In the interim, gold hovers about exactly the same levels it was at last year.

Watching the “gross impracticalities” regarding bond purchasing - 90-100% in some instances like Japan - Sprott says that only produces artificial interest rates. Sprott told Lauren Lyster with Capital Account, “It's not where bonds should be trading and also you cannot do it forever.”

All of those elements considered, Sprott states he's hedging with silver. He stated he's pleased more individuals are not talking up silver the way he's - it enables him as well as other savvy investors to stock up while the price continues to be affordable.

Based on statistics, the dollar volume invested in silver and gold coins will be the exact same. For financial investment purposes, this means we're purchasing 53 times more silver than gold! The accessible silver for investment vs. gold for investment is really a ratio of 7:1. But individuals are purchasing it 50:1. Investors cannot purchase at this price for long until something big occurs. Our recommendation is to buy silver today. How high will silver go? Learn more >>  http://silverpricestoday.cc/KITCO-SILVER/

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Source:Franklin P. Whitman
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Location:New York City - New York - United States
Industry:Business, Finance
Tags:silver dollar values, silver prices, gold prices, silver coins, gold coins
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