Was Friday's Silver Jump a Sign of Future Growth?
Online, June 25, 2013 (Newswire.com) - Silver investors saw a nice jump in the price of the precious metal Friday, a relief from what has been a disappointing performance for most of this year so far from a silver stock perspective (SLV). It has led many to wonder whether Friday was a fluke, or whether it was a sign of good things to come for the metal, and for people who invest in silver ETFs.
Many signs seem to indicate that we are on the cusp of a turnaround in the silver market. However, no one knows for sure whether silver has bottomed out from this recent decline, or whether its price will fall again before beginning to rally sometime this year.
Silver is often driven by market sentiment. With that in mind, silver sentiment is still generally low or bearish among the investment community. So despite Friday's jump, the silver rally likely has not begun just yet.
However, for opportunists, this is a good thing. Historically speaking, silver has always rallied from low periods, and all signs indicate that the same will be true of this recent declining trend. People who are hesitant to invest because of this recent performance need to look at the bigger picture, and at the investment as a long term play. Silver prices are low, so from a returns perspective, this is a great time to buy.
Physical silver demand has increased in recent months, and people are seeing the value of buying physical silver rather than investing in silver in the stock market. Physical silver is separate from the stock market, meaning that a stock market crash does not diminish the value of physical silver. The U.S. Mint has reported record number of sales of silver coins in many months of this year, which is surprising to those who are only paying attention to articles about silver's drastic decline in recent months.
The truth is, we believe the time to buy physical silver is now. Silver will most likely begin its recoverythis year from a price perspective, and with physical silver demand already growing, the price will only become more expensive down the road. Gold And Silver Online offers physical silver for any budget, including a wide variety of silver coins and silver bars. If you look at silver's performance over time, you'll see clearly that physical silver as a long term investment has paid off time and time again.
For Further more information about best place to buy gold online and visit www.goldandsilveronline.com
Gold and silver online
14231 N. 7th Street Suite 4A
Phoenix, AZ 85022
1-877-863-4653
service@goldandsilveronline.com
http://www.goldandsilveronline.com