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Analysts: Time to Go All In on Gold and Silver

Gold and silver trading in February 2013 has led to reduced prices for both metals, causing concern among some financial experts, and eager excitement for other investors.

 
PRLog - Feb. 22, 2013 - Gold and silver trading in February 2013 has led to reduced prices for both metals, causing concern among some financial experts, and eager excitement for other investors. According to experts on Silverseek.com and many other credible financial sources, the recent decline in price for gold and silver is not expected to affect long terms gains of either metal. As such, many experts agree that now is the time to purchase gold and silver, while the prices are low, before they increase to record setting levels again.

Gold and silver are at a critical point for investors and potential investors right now for a few reasons. First, many investors are dumping their gold supply for stocks. Global demand for gold had declined 4% In 2012, and with investors reducing their supply of gold, the available supply is greater than it’s been in years. This also helps bring the overall cost down.

But if investors are getting rid of gold and silver, why should you think it’s a good idea to purchase it?

There are a number of reasons. The global supply of gold declined 1.4% in 2012, and is projected to decline again this year. There is a limited supply of gold in the world, and that supply is dwindling each year. Gold is an alternative to paper money and investments, so even if the dollar becomes less and less valuable over time, gold will maintain its value. Global debt continues to grow. Also, history has shown that the demand for gold and silver increases, driving prices up, as the U.S. economy recovers from economic downturns. This means that as we continue to recover from the recession of the late 2000s, the demand for gold and silver will likely increase as well.

The gold price is currently hovering somewhere in the $1,600/ounce range, more than twice what it was priced at just 5 years ago, despite the recent price decline. Silver is hovering around the $30/ounce range. While it is impossible to predict the future, many experts agree that gold can easily reach levels around $1,920/ounce, and silver reach levels around $40/ounce, before this year is up. According to those projections, it makes sense to invest in gold and silver now, while the price is down, before it gets more expensive and sets new records for value and price.

For Further more information about best place to buy gold online (http://www.goldandsilveronline.com/category/1-buy-gold-co...) Visit: www.goldandsilveronline.com

CONTACT:

14231 N. 7th Street Suite 4A
Phoenix, AZ 85022

877-863-4653

service@goldandsilveronline.com

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