Striebro na $25 koncom 2009

Beware! Those who rush to buy gold should not neglect silver. If the present trend continues silver will be the metal people should be watching. According to experts, silver prices will go up faster than gold rates in the coming days due to increased demand and a shortage in supply.

Frank, CEO of the Butzbach-based investment fund Silver Capital AG, said the heightened global investment demand will also help gold to breach the hallowed $1,500 mark by year’s end. German investment fund manager Oliver Frank told mediapersons that silver will likely end the year in the $25 per ounce.

Both scenarios should stem from investors continuing to flock to gold and silver as safe haven investments in response to the onset of a hyper-inflation in the US economy.

Yet, he believes silver should enjoy a bigger percentage boost in value because physical demand has been consistently outstripping supply in recent years.

“In Europe, Germany in particular, everyone is trying to buy silver bars and coins, rather than gold, but there just isn’t the physical supply available. Global above-ground inventories are severely depleted. So, people these days just can’t get their hands on enough silver,” Frank said.

Článok:www.commodityonline.com/news/Gold-to-hit-$1500-Silver-to-zoom-to-$25-15876-3-1.html

12.03.2009