Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Silver Dollar Values Prices Soar, BlackRock: Gold Prices To Skyrocket In 2013...expect demand to remain rather robust through the end of this year, and most likely until the Fed increases interest rates again. My recommendation is to buy gold and silver and hold it to protect your assets from inflation and economic chaos.
By: James Bakerman Hambro blames last year's price falls on the managers of the under-performing gold shares, saying they had been “atrocious in the way that they've looked following shareholder capital.” Furthermore, they weren't diligent in how the re-invested the money flows into new assets nor did they make shareholder returns a main focus. Rather, they had been too focused on “growth and production for the sake of growth.” In performing so, they inadvertently dissuaded investors - they merely weren't getting sufficient attraction from them. When businesses start to serve themselves more so than the shareholders, shareholders clearly catch on and shed interest. Nevertheless, the rate of under-performance has begun to recede and we're only a few weeks in to the new year. The Gold & General fund is up 1.9pc since the first of January. In the mean time, all the fundamentals necessary to push physical gold prices up as we advanced into 2013 are going robust. Unless interest rates start rising anytime soon, specialists predict gold prices will continue to rally quite nicely. Rare Coins, Silver Coins, Gold Coins >> http://www.silver- Analysts predict silver and also platinum miners to continue performing well in 2013 just like they did in 2012. “The fund’s silver exposure was a source of out performance, in particular Fresnillo: the stock was helped by a positive market reaction to the board’s approval for the development of their $500m San Julián silver project,” said Mr. Hambro. “Our overweight positions in gold royalty businesses also aided relative overall performance. The fund’s holding in Impala Platinum, a major platinum producer based in South Africa, was also a positive contributor.” As central financial institutions keep incentivizing investors to invest in gold and silver via quantitative easing and stockpiling gold and silver themselves, we expect demand to remain rather robust through the end of this year, and most likely until the Fed increases interest rates again. My recommendation is to buy gold and silver and hold it to protect your assets from inflation and economic chaos. How High Will Silver Go? Learn More >> http://silver- End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|