Times are getting exciting again in the silver and rare strategic metals markets! Recent decisions by the Indian and Japanese governments to actively encourage the use of solar power through tax breaks and subsidies, for example, have undoubtedly contributed to the recent increase in the silver price. However, I believe it has a lot further to rise.
I have been following these markets for some time, and they have been a little flat this year, but I have always said that metals with an industrial use are more suitable as “investments” – that is, something that is likely to increase in price. Gold, meanwhile, should be seen more as a store of value – it’s going to preserve your purchasing power, but it’s not really a way to make money, it’s a way to preserve the wealth you have already accumulated.
Demand is pushing up against a growing shortage, investors are adding metals to hedge against inflation, and increased interest from traders and the broader market are all driving silver's price up. And as a result, we now expect further big jumps in price in the foreseeable future.
Casey Research are currently offering a unique free report, in which you will discover how to prepare your portfolio for this increase, while simultaneously guarding your wealth regardless of whatever the market may do in the short term.
Free $60 Silver Report
No comments:
Post a Comment