International demand for metal prices is always atop a short list of market forces working for, and sometimes against, a rare modern coins value. The recent announcement by the Chinese government urging citizens to buy silver and gold has been received by most to be a sure sign of a precious metals supply shortage. With a little math, it is clear there is a growing international demand for precious metals. Skeptics charge that strong demand will drive prices lower, a self full filling prophesy as investors begin to cash in. What is for certain is this relentless hype about precious metals will charge the investment community with more attention toward precious metals, just one of the market forces working for a coin collector’s bottom line.
Wednesday, September 9, 2009
Chinese Precious Metals Demand Likely to Influence International Supply
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