As a store of value, silver does not lack the luster of gold. Silver has the ability to increase in value in prosperous times because of its wide spread industrial use. Silver’s industrial uses are well known with more and more applications developed each year. Unlike gold, silver is consumed driving additional market forces which play well for investors in prosperous times.
With gold now pushing record levels silver will likely follow with a historically close price ratio to gold. Like gold, silver is a store of value which holds steady buying power over time unlike fiat currencies. With conservative inflation forecasts, a gradual dollar decline will likely pressure silver prices to new levels. Even more exciting for the silver investor lies where investment demand and industrial consumption meet, which could push silver coin and silver bar prices to new record levels.
Silver increased by 56% in 2009 and forecasts have given silver a bullish outlook for the remainder of the year with predictions going as high as $30/oz. If a worldwide market rebound occurred, a combination of investment and industrial use could prove silver to be the right choice of hard assets well beyond 2010
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In our vaults today we have several choices for the discerning investor with the eye of a collector; Uncirculated brilliant, bullion and proof quality silver coins. Each of these coins has a unique collectability and we believe will increase in value over time.
Remember, there are no guarantees about whether or not a coin or any collectible, material thing or instrument in any asset class will increase in value and past performance of a coin’s return is not indicative of future results.
Coin Mercantile, Inc is an official distributor of several mints and issuing authorities from around the world. We are a global dealer in rare, precious metal, numismatic coins for investors and collectors.
