STRIEBRO – ak nastane panika

Industrial commodities can enter temporary periods where physical availability is a problem. This is reflected in time delays for physical delivery and premium prices being offered for prompt delivery. This almost always occurs when industrial users attempt to build up inventory to avoid disruptions to production. No industrial concern will willingly shut down and send employees home for lack of a key ingredient or component. It is precisely the need to avoid shutdowns that cause industrial users to build inventory when availability gets tight, causing more overall tightness and shortage. It leads to panic buying.

So much silver has been consumed industrially over the past 65 years that known world inventories have declined by more than 95%. This cannot be said of any other industrial commodity. (Just for the sake of comparison, known world gold above ground has more than doubled in that time period). Because it is an industrially consumed commodity, silver is prone to panic buying in the event of industrial tightness and delays in physical availability.

Of all the industrial commodities, silver is the only investment asset. Of all investment assets, silver is the only one consumed industrially. This is a rare and potent combination. There are powerful reasons to buy silver as an industrial commodity in a world demanding more of it, or as an investment asset in a world with exploding buying power. When you put the reasons together, you create a force that is greater than its parts.

It doesn’t matter if panic buying trips off investment buying, or vice-versa, the net result will be the same – one will inflame the other. It looks inevitable, given current world conditions and human nature. There is something you can do about it if you see it as I do. Buy silver for the long run. Nothing available anywhere has the potential to change your economic circumstances like silver.

Zdroj:goldseek.com

18.02.2008