Silver Supply Dwindling So What is the Future of Silver?

 

What Is The Future Of Silver?

 

Demand for silver is increasing. 2014 sales of Silver Eagles reached an all-time high at 43 million coins sold. Besides being a valuable investment tool, silver has many industrial uses, including consumer electronics and medical supplies. China has gone from being a major silver exporter to importing silver. U.S. demand for silver is also up, having imported 531 more tons of silver last year. At the same time, the supply of silver coming out of mines is decreasing. Mexico's production of silver has decreased by 12%. Silver mining companies are seeing decreased productivity across the board. Are we simply running out of available silver?

 

It may be tempting to run around screaming that the sky is falling right now. However, for an investor who remembers what they learned in economics class one may consider the opportunities inherent in the rising demand and falling supply of silver. The demand for silver in the industry is fairly inelastic. This is partly because not much of a real cash value in this precious metal is found in a DVD player compared to the final value of the electronic device. Most of the demand comes from the fact that millions of DVD players and other consumer electronic devices are sold every year, and very little of it is reclaimed from non-functional devices.

 

The demand for silver jewelry as a relatively inexpensive alternative to gold has skyrocketed. When the price of gold hit the roof, many jewelers turned to silver as an affordable alternative. Browse any online jewelry store and where gold jewelry used to fill up the pages, you will now see tons of silver jewelry and gold coated jewelry. The affordable gold jewelry of today is really just a coating of color over sterling silver. The demand for silver simply has not subsided despite the fact that an increased value on silver may force prices to go up. The price is rising and may continue to rise for as long as this bottleneck in physical silver goes on.

 

Is now a good time to buy silver rounds, silver coins, and silver bars? Your Precious Metals IRA should contain a healthy amount of silver, you might also consider gold and platinum, simply for the sake of a diversified portfolio. Due to silver's attractive pricing and many advances in the precious metals industry, people are flocking to precious metals as a safe haven investment.

 

Many future-minded industrialists are talking about mining asteroids for precious metals like platinum, palladium, gold and silver once the idea of privatized space operations really takes off. This is no joke. Asteroids that were estimated to be worth $1 trillion in metals and other substances that are useful to the industry have passed closer to Earth than the Moon's orbit just recently. Even so, the sky hasn't fallen – yet. These ideas just show how short our supply of silver actually is. This is something to think about if you are interested in a long-term investment strategy that may have benefits beyond the dollar value. For the short-term, silver may be a good buy for the sake of having an investment medium that you can hold in your hand and sell at any time. However, while the value may drop, it has never been worth zero. Long-term silver investments have been though most profitable if you look at historical figures.

 

Precious metals are valuable investments for any diversified investment portfolio. Physical silver is something you can hold in your hand, and it has many uses in the electronic and fashion industries. Demand is up, supply is dropping and may continue to drop. Ideas such as a sustained asteroid mining operation is a long way off in the future and may never actually work. The price of silver is beginning to reflect the drop in production.

 

To learn more and to invest in your own silver bars, silver coins, or silver rounds, contact Capital Gold Group at 1(800)510-9594 or visit startwithgold.com today!

Modern Day Silver Heist in Canada

 

 

Modern Day Silver Heist in Canada

 

If anyone thought the demand for silver was down, they were sadly mistaken. Not only do many people treasure silver because of it's antimicrobial properties they value the fact that it is practical because of its use in electronics. There are many who also still see it as a sign of wealth and prosperity. All that being said, those with a large stash of silver need to protect it. The recent events in Montreal will tell us why we must protect silver with a powerful, safe and guards around the clock.

The internet is buzzing with the recent story coming out of Montreal, Canada. Wednesday, September 2, 2015, three hundred and fifty security cameras couldn't stop the Canadian heist of the century. 16 tonnes of silver being hauled in a Maersk shipping container was hooked up to a stolen, white 1997 Freightliner truck. From there, the silver and the truck seem to have disappeared into thin air. The cargo of precious silver metal was stolen from the Port of Montreal. Reports say the container itself was located on Saturday, in Repentigny, Quebec. The container was near Salomon-Juneau and St-Paul Street, in a residential area. However, the semi-trailer and the 16 tonnes of silver, worth roughly $10 million Canadian and $7.53 million US, have vanished.

This brazen heist has shocked the Canadian police to their core. Police had no idea that anything fishy was going on until sometime after the truck filled with valuable silver had left the port. These thieves managed to bypass all security and checkpoints at the port. A theft in broad daylight like this suggests that a plan had been laid in pace beforehand. It also goes to show that gold is not the only precious metal desired by crooks and criminals.

The truth is that those who own precious metals cannot underestimate silver. It must be locked up and properly protected at all times. Despite the fact that some companies are toting "Home Storage" IRA's to save people money, the truth is that beyond heavy IRA fines and penalties, it's just not safe.
Many people may think it's okay to brag they own silver and show it off. The truth is that it's not. Silver is seen as a valuable item and should be protected in a secure vault just like cash or gold. Silver is cash, and we've seen the price become more affordable lately. Since it's become so affordable, people are stocking up. It's not a good idea to keep the metal in your home for many reasons. If the Canadian heist taught anyone anything, let's hope it's that silver deserves the same respect as gold or cash.

This valuable commodity is beautiful, desirable, and may shoot up just like we saw gold do. There's no reason to take a risk. Proper storage and protection will guarantee the safety of your family's assets.

Most people choose an investment in silver to protect themselves against market risk. Don't turn around and put your wealth at risk by not storing it properly. Capital Gold Group, Inc. guarantees proper shipping and storage, so this doesn't happen to you.

 

Contact Capital Gold Group, Inc. today at 1(800)510-9594 today for a safe investment and transfer of silver to your Self-Directed IRA.



Many Reasons Why Silver is an Excellent Long-Term Hold



Many Reasons Why Silver is An Excellent Long-Term Hold

 

When you mention the word silver to someone, you might see a little glimmer in their eye. When we think of silver, we most often think of a shiny, beautiful item. Silver has been around for a very long time and has endured longer than almost any other investible item because it is desirable, useful, and investors want to put their money behind items like silver.

Precious metals are a volatile market to invest in. The reason is quite clear. The world seems to be trying to leave precious metals in the dust, but it's never happened. Metals such as silver endure the test of time. Fiat currencies cannot break away from the value people place on items such as silver.
One might ask themselves, why are the markets trying to break away from precious metals? The answer is quite clear. It's the same reason that coins are no longer made of gold and silver. There's simply not enough to go around.

Why does an item have value? An item has value because people agree that it has value and is worth a certain amount. Silver is one of those items that has been assigned a significant value for thousands of years. Interestingly enough, recently silver has become greatly undervalued. This creates a great opportunity for investors to snap up physical silver for a long-term investment.

In the year 1477, silver was assessed a much greater value than it is today. The interesting thing to note is that we use silver today in many industrial applications. Silver was valued at almost $1,000 an ounce in today's dollars. It was an item that only the rich and royal had access too. Now that silver has become of use in industrial purposes and more affordable, the question is have we undervalued it too much?

Silver has an awfully long way to rise. The cost of mining silver is expensive. If prices do no rise, the mines will close. since silver has become the go to metal for photography equipment and electronics, this would cause some major problems. Silver is so useful that most people do not even realize that a lot of the products they use have silver in them.

The economy has been bad in the U.S. Many experts believe this is why the price of silver has stayed affordable. In a healthy economy, many experts predict that the price of silver will begin to reflect its usefulness. The truth is that consumers still aren't buying a lot. Once they start buying items like washing machines and electronics like computers, all made with silver, then the price will begin to rise to meet the demand.

Investors should not forget that silver is in high demand in the jewelry industry. Ever since the price of gold skyrocketed, more jewelry than ever is being made from silver. Most of the affordable "gold" jewelry found online today is silver plated. The uses for silver have risen steadily and the price of silver has not caught up yet.

There's no time like the present to invest in silver. It's affordable, useful, and has stood the test of time. Many believe the silver market will explode when consumer confidence and purchasing rises. Buying silver now and making it a long-term hold is a good idea for any investor. With more practical uses than ever, silver is quite possible the world's most useful metal.

To purchase your own silver bullion and silver coins, contact Capital Gold Group, Inc. at 1(800)510-9594 or visit startwithgold.com today!

Collectible Coins America the Beautiful

America the Beautiful is a series of five-ounce silver coins. Minted from the year 2010 and scheduled to continue until the year 2021, the United States Mint issued and continuously issues these collectible coins. However, with the Secretary of the Treasury’s discretion, the issuance of the series may extend until the year 2033.

Almost all of the America the Beautiful five-ounce silver coins that are being released have designs of U.S. national sites and parks. The Hot Springs National Park was issued in 2010, Glacier National Park was issued in the year 2011, Acadia National Park in the year 2012, and White Mountain National Forest in 2013 to name a few. Until the year 2021, there will be specific designs depicting national and historic sites and parks. These designs will include Bombay Hook National Wildlife Refuge to be released this September, Cumberland Gap National Historical Park in the year 2016, and Ozark National Scenic Riverways in the year 2017. The designs aim to give awareness to people that said site or park is considered a national site, and for the locals to be proud of their own places.

The front view of the America the Beautiful coin will portray a portrait of George Washington in a restored version of the original portrait used for the 1932 Washington Quarter. 

The US Mint started selling uncirculated 40-coin rolls and 100-coin bags of silver bullion coins with the San Francisco mint mark. The designs showed the El Yunque of Puerto Rico. This selling continued and in the year 2013, there was a 1.4 million mintage for each design, solely in the San Francisco mint. 

The set of coins was not part of the 2012 uncirculated sets or the three-coin America The Beautiful coin sets, composed of uncirculated “P”, “D”, and proof of “S” specimen. There was no “S” mint-marked in the circulation. 

In the U.S., there is a direct Mint sale of the bags and rolls which continued even with the 2013 America the Beautiful silver coin issues. 

In December of 2010, collector versions of the America the Beautiful Silver Bullion Coin Program were released. The collectible coins featured an uncirculated finish with “P” mint mark. The “P” mark means that there were being struck in Philadelphia. However, there was only an estimated 27,000 mintage of the collectible coins resulting in insufficient time to strike more. This created issues with the silver bullion coins and even with the America the Beautiful Five-Ounce series. 

This forced the Mint to issue Hot Springs Coins in the year 2011, making it highly in demand for the first hours of its release. In fact, there were 19,000 orders for the first nine hours of availability. Each coin was sold for $279.95. 

Whether you are going to buy America the Beautiful coins for investment or collection purposes, you only need to trust one precious metals firm, and that is Capital Gold Group, Inc. Capital Gold Group, Inc. knows precious metals very well. They will listen to your plans either for investment or for your collection. Collecting and owning an important part of history is a valuable investment, for pleasure or financial gain. 

To get your own America the Beautiful Five-Ounce Silver Coins, contact Capital Gold Group, Inc. today at 1(800)510-594 or visit startwithgold.com or visit behance.net/capitalgoldgroup.