Platinum Price to Rise in 2011

December 25th, 2010 Posted in Precious Metals
Dec, 25 2010

Analysts in the precious metal commodities markets are all agreeing that the New Year will show a major jump in platinum prices. These price jumps come on the heels of major expansions in platinum value throughout 2010. As the economic crisis that has become crippling to many countries and industries in the past few years begins to subside, those industries that rely on platinum are demanding more of the rare metal. This makes for excellent investment opportunities in the platinum market.

One major factor in the price increases in platinum is the gains made in the auto industry as of late. Platinum is essential in the manufacture of cars and trucks because of its use in catalytic converters, those devices that limit the emissions from automobile exhaust. As the major auto companies begin to sell more of their vehicles worldwide, their demand for platinum is sharply on the rise. Given the small amount of platinum stockpiles available in the world market, these increases in need for the precious metal will cause further upwards pressure on prices.

Read More

Silver Price May Still Be at Buy in Levels

December 11th, 2010 Posted in Precious Metals
Dec, 11 2010

Many eyes are on the silver price, watching to see what this outstanding metal will do in 2011. After outperforming all other metals in 2010, silver finished up the year at $30.91 per ounce. Many factors are affecting the silver price and extended growth is expected by several analysts. Some predict that silver will outperform gold in the long-run. When considering the current silver price and the factors that drive its growth, investors may find that silver is still at buy-in prices at the $30 per ounce level.

One major factor that will affect the silver price in the future is the dwindling supply of the commodity. There is only so much silver in the world. Of all of the silver that has ever been mined, it is estimated that nearly 95% of it has been used up in manufacturing processes that render it either unrecoverable or highly expensive to recycle. The world’s silver deposits are rapidly being depleted and are at all time lows. Mining production can’t keep up with the pace of consumption that modern manufacturing creates for silver.

Read More

Gold Investments

December 8th, 2010 Posted in Precious Metals
Dec, 08 2010

Today’s economy is riddled with uncertainty, the stock market is as unpredictable as the weather and it makes it really hard to tell where to invest your money.  Upon doing my research and a ton of reading I am learning that the precious metal market is still seeing some gains.  Gold can be a great investment to make; and there are a plenty of articles on the internet making the same claim.  Many investors are in agreement as to the preserved wealth gold has over time.

One only has to turn to the Egyptians to understand its history as a symbol of wealth and stability.  Gold has been a desirable commodity to even the most laymen investor, holding at about $1,375 per ounce on the market, this while the dollar’s value is decreasing.    It is expected to make more gains through the New Year as well.

Read More

Make Investments in Gold Coins

December 5th, 2010 Posted in Precious Metals
Dec, 05 2010

The current trend of buying precious metals for investment purposes is not at all surprising when you consider the tremendous appreciation that gold, silver, and platinum have experienced over the last three or four decades.  Since precious metals have been made available to the general public for investment purposes, the prices have continued to steadily rise and are now more than triple the value that they were in the 1960s.  This amazing staying power has investors clamoring for silver and gold coins and bullion bars.

Keep in mind that buying gold coins should not be the only investment purchases that you make, but they can certainly help to stabilize a flagging portfolio.  The intrinsic value of gold and silver ensures that they will continue to hold their values even when the stocks in the stock market are plummeting.  In fact, when the economy takes a downturn, the only investments that can retain their values are silver and gold coins or bars.  For this reason, many financial advisors encourage investors to purchase gold and silver bullion to diversify a portfolio.

Read More