2013 Silver Investment

2013 Silver Investment

Invested in silver instead of gold as a commodity in 2013 may be a smart move is set to be in high demand

Investors can do a very good investment bank in 2013, according to ETF Securities

Early release and new coins has been a hot item outdated. But this year's impressive sales figures were particularly strong, due to the fact that the U.S. Mint sold out of inventory obsolescence in 2012 Silver Eagles December 19, leaving his authorized purchaser tomb empty three weeks networks Eagles launch until the new year.

Silver Eagles demand has soared in recent years. 2012 Eagles are set to record the second best overall year until unforeseen selling. Last year, sales reached 33,742,500 coins, a good third-highest total.

Holding the top spot, is the 2011 sales of 39,868,500. Second, in 2010, 34,662,500 were sold coins.

Added to the buying frenzy in the past few months is the spot price of silver, many people believe that a bargain.

"Silver is a hybrid of metal, and in 2013 likely to get strong support, while industrial demand to rebound, as we have seen precious metals to hedge against economic uncertainty strong investor appetite," Martin Arnold explained, ETF Securities research director.

Through the course of a year, precious metals from the current spot prices could rise to nearly $ 31 per ounce of $ 40, according to a Bloomberg News survey of 49 market participants. Some commentators believe that there may even reach $ 50 per ounce.

Growing investor confidence dropped to several factors. First, more than half of the silver demand-driven industrial uses, the electronics and solar cell manufacturing technology the key component, for example. This process is expected to re-election in the Obama administration will maintain loose monetary policy in the U.S. The second reason for optimism - in 2013, as part of the demand is expected to strengthen the source.

The third reason is more to do credentials as a store of silver intrinsic value. With the major economies such as the United Kingdom, the euro area, Japan and the United States, which inject liquidity into the financial system - in the UK and in the U.S. bond-buying program to expand quantitative easing in the form of - their currency devaluation, investors are increasingly turned to commodities such as gold, silver, to offset this political risk aversion.

However, Patrick Connolly, a certified financial planner at AWD Chase De Vere, warned investors not to be dazzled by numbers. "What we think investors should hold silver, although some commentators believe that the price will rise, we believe that silver is the poor man's gold, though there may be some fundamental reason for investing in gold, the same can not be expressed as silver where there is a small market, which means greater volatility and lower liquidity. "