As I was writing about silver trading in a mobile app called BOOKCOINS. I made a small research on silver bar and coins investment and a few articles came up. One of the article content caught my attention, so I read it use the most layman term to put it in the content below for easy reference and better understanding.
Over the decades, metal investors has been praising about the stability of gold as an investment unit. Recently, silver has made a new statement and once again surprised us with a new world silver data.
According to 2016 World Silver Survey released on May 5th, physical silver Bar and Coin demand hit a new record in 2015. Physical Silver Bar & Coin demand a jump at 24% in 2015 versus the prior year reaching a record 292.3 million oz. “Private Bard & Rounds” was part of the reason for the higher record was it was added to the statistic.
Info from Silver Institute based on data from GFMS Team at Thomson Reuters
According to the demand change in World Silver Market Report on 2014 vs 2015, some of segments of the silver market (Industrial, Jewelry and silverware) were either grew only slightly or declined in the industrial sector. Silverware placed a distant second by increasing only 4%, Jewelry came in third at 1% and total industrial demand fell 4%. While Silver Bar and Coin demand surged by 24% in 2015.
It seems positive for the investor to focus more on the fundamental trend than short-term silver price movement simply because the trend will only get stronger as the financial system becomes weaker.
THE REASON TO BUY SILVER BARS & COINS!!!!
Prior to the first collapse of the U.S Housing and financial system in 2008, Silver Bar & Coins demand was only 8% of the global industrial consumption. It has become a higher trend and hit a record 50% in 2015.
Over the decades, metal investors has been praising about the stability of gold as an investment unit. Recently, silver has made a new statement and once again surprised us with a new world silver data.
According to 2016 World Silver Survey released on May 5th, physical silver Bar and Coin demand hit a new record in 2015. Physical Silver Bar & Coin demand a jump at 24% in 2015 versus the prior year reaching a record 292.3 million oz. “Private Bard & Rounds” was part of the reason for the higher record was it was added to the statistic.
Info from Silver Institute based on data from GFMS Team at Thomson Reuters
According to the demand change in World Silver Market Report on 2014 vs 2015, some of segments of the silver market (Industrial, Jewelry and silverware) were either grew only slightly or declined in the industrial sector. Silverware placed a distant second by increasing only 4%, Jewelry came in third at 1% and total industrial demand fell 4%. While Silver Bar and Coin demand surged by 24% in 2015.
It seems positive for the investor to focus more on the fundamental trend than short-term silver price movement simply because the trend will only get stronger as the financial system becomes weaker.
THE REASON TO BUY SILVER BARS & COINS!!!!
Prior to the first collapse of the U.S Housing and financial system in 2008, Silver Bar & Coins demand was only 8% of the global industrial consumption. It has become a higher trend and hit a record 50% in 2015.
Amazing Silver Market Trend
Aucun commentaire:
Enregistrer un commentaire