Gold & Silver Rise As Investors Seek Out Stable Assets During These Times Of Global Uncertainty!

Silver outperformed the alternative precious metals in 2010 with prices increasing by 80%; more than two and a half times the expansion in gold prices (29%) and four times the increase in the value of platinum (20%). Precious Metals = top performers!
By: John Bear
 
March 23, 2011 - PRLog -- Silver and gold prices are increasing as investors look for relatively stable investments while global uncertainty carries on about the Middle East and Japan's restoration. Silver settled upward 2.7 percent Monday though gold rose almost one percent.

Commodities investors are concerned about worldwide oil supply interruptions because of anti-government issues in Libya and other parts of the Middle East and North Africa. They also are keeping track of Japan's ongoing struggles to recuperate from a March 11 earthquake and tsunami as well as the ensuing crisis at its troubled nuclear plants. Visit http://silver-dollar-values.com for more silver and gold tips.

The two situations can impact demand for a extensive range of commodities, from oil to corn. Other metals and also agriculture items are mixed whilst energy contracts are mostly greater.

Precious metals had been the very best performing asset group for the second successive year and also the fourth time within the past five years, based on new study by Lloyds TSB. In 2010, traders enjoyed a return of 42% from precious metals. Continuing uncertainty over the potentialities for the global economic climate contributed to the increase within the price of precious metals as traders sought to preserve the value of their assets. Visit http://silver-dollar-values.net for more silver and gold investing ideas and tips.

Silver performed better than the other precious metals in 2010 with costs rising by 80%; much more than two along with a half times the boost in gold prices (29%) and four times the climb in the value of platinum (20%). Along with its position as a safe haven purchase, pressures for the supply side as well as high demand for manufacturing uses contributed to the powerful rise in the price of silver. Silver prices continued to sparkle brightest into 2011 with silver prices increasing by 9.3% over the initial two months of the year.

It is not surprising that precious metals had been the top performing property class in 2010. Investors looked to safeguard the value of their assets amid the renewed doubt over the worldwide economic outlook, which includes the debt concerns in the Eurozone as well as rising inflation. Silver persists to outshine gold as well as platinum with the fairly low value of silver supplying greater scope for bigger gains as well as providing investors similar advantages to those of gold. Visit http://silver-dollar-values.com for more silver and gold tips.

Moving forward, the level of demand from customers from emerging economies, particularly from China and India, is prone to remain an essential determinant of many asset prices as well as the speed at which the worldwide economic recovery continues.

Unstable economic times and mistrust of fiat currencies have individuals around the globe running to the security of hard assets, with gold and silver the major beneficiaries of that unhappiness.

A few U.S. state governing bodies are starting to also take a look at what they can do to safeguard their local financial systems and many are questioning how they could enact a gold standard. It’s not likely, however, that states can go a long ways without being in contradiction with federal law.

Most notoriously, Congressman Ron Paul (R-Texas) has recommended the abolition of the Federal Reserve as well as a return to a gold standard. Congress in several states, including Tennessee, Virginia, New Hampshire and South Carolina, have presented bills to look into printing their own currencies in the occasion of a complete breakdown of the U.S. Federal Reserve. In Georgia, a legislative bill to make the state solely use gold as well as silver is in panel.

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Silver Dollar Values is the premier coin price guide website for information on old coin values and silver dollar values, as well as gold prices, silver prices, silver bullion, gold bullion, gold coins and much more. Old coin values, coin price guide.
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Source:John Bear
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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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