Silver Prices: 1 Factor Could Be a Game-Changer for the Silver Market
Fundamentals suggest silver prices could skyrocket. Don’t buy into the rhetoric suggesting the gray precious metal isn’t worth it.
It is truly understandable what the mainstream is trying to say; the global economy is struggling and silver is an industrial metal. This means less demand and as a result, they are selling the precious metal. Sadly, in the midst of this, demand from investors continues to be ignored. It’s soaring.
Understand this: investors could impact the silver market in a big way and send silver prices skyrocketing in very little time.
Don’t believe it? Then look at the evidence yourself. Despite silver prices remaining subdued, investors are rushing to buy at an astonishing pace.
In the first two months of 2016, U.S. Mint sold 10.73 million ounces of silver in American Eagle coins. In the same period a year ago, it sold 8.55 million ounces of silver in American Eagle coins. (Source: U.S. Mint, last accessed March 14, 2016.) In simple words, investor demand for silver at the U.S. Mint is running 25% higher than in the previous year!
Here’s what you have to keep in mind: 2015 was a record year of silver sales at the U.S. Mint—it sold 47 million ounces of silver then. At the current pace, with selling 10 million ounces of silver sold in the first two months, it’s on pace to sell 60 million ounces in 2016.
Don’t for a second think that the U.S. Mint is the only one reporting stellar silver demand figures. We see this phenomenon prevailing across the globe.
Consider the Perth Mint—the biggest mint in Australia and a reputable one in the global economy. In the first two months of 2016, it sold 2.52 million ounces of silver. In the same period a year ago, this figure was only 978,076.
In 2015, the Perth Mint sold 11.59 million ounces of silver—53.2% higher than 2014.
Read Full Article On ProfitConfidential
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
