Friday , 17 November 2017


It's Silver's Time: Sales of Silver Coins Soaring; Price of Silver About to Soar!

If sales for November and December match the levels of 2010, total sales of American Silver Eagle coins for 2011 should… [be] more than 20% above the record breaking sales level of 2010. [Not only that but] with physical demand remaining robust and investors seeking safe-haven investments in the face of the Eurozone debt crisis, I believe we could still see silver break above $50 by year-end or during Q1 of 2012 at the very latest. [Let me explain.] Words: 402

So says Jason Hamlin (www.goldstockbull.com)  in edited excerpts from his original article*.

Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited ([ ]), abridged (…) and reformatted (some sub-titles and bold/italics emphases) the article below for the sake of clarity and brevity to ensure a fast and easy read. The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

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Hamlin goes on to say, in part:

Investors appear to be wising up to the manipulation in the silver market as weak hands strengthen [as] evidenced by the fact that some of the strongest sales months during 2011 were during the sharp sell offs.  Rather than panic, sell silver positions or move into cash, investors stepped up their purchases of silver eagles coins to take advantage of the depressed prices.

Furthermore, technicals have turned bullish for silver recently after bouncing off support at the bottom line of the trend channel show below.  There is very little downside with a huge amount of upside potential, highlighted in the green rectangle below, should silver begin to gap up.

 

$50 Silver By Year-end

With physical demand remaining robust and investors seeking safe-haven investments in the face of the Eurozone debt crisis, I believe we could still see silver break above $50 by year-end or during Q1 of 2012 at the very latest.  I have continued stacking at these severely discounted prices and believe that anything under $50 silver will look cheap in the near future.

Why spend time surfing the internet looking for informative and well-written articles on the health of the economies of the U.S., Canada and Europe; the development and implications of the world’s financial crisis and the various investment opportunities that present themselves related to commodities (gold and silver in particular) and the stock market when we do it for you. We assess hundreds of articles every day, identify the best and then post edited excerpts of them to provide you with a fast and easy read.

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Conclusion

While physical bullion in your possession should be secured first and foremost, silver stocks appear to be the better value at the current time…Watch for mining equities to end the year very strongly, marking a return to offering leverage to the advance in their respective underlying metal. 

 *http://www.goldstockbull.com/articles/silver-eagle-bullion-sales-hit-new-record-in-2011/

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11. New Series of Canadian & American Silver Coins Coming to Market

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