Silver’s Strong Fundamentals As JP Morgan Buys

Silver’s Strong Fundamentals As JP Morgan Buys

- Silver one of most undervalued assets in world today
- Fundamentals for silver market very strong
- Total demand for silver outweighed demand by almost 22% last year
- Industrial demand set to surge as solar energy projects are expanded
- Artificially low prices have forced some mines out of business which may lead to a supply crunch
- Smart money including JP Morgan acquiring silver
- Silver to outperform assets including gold

Silver bullion remains one of the most undervalued commodities and store of value assets in the world today and therefore one of the greatest opportunities.

Indeed, we view the opportunity in silver bullion today as very much like that seen in the period from 2003 to 2006. Then, silver traded below $10 per ounce prior to sharp gains during and after the financial crisis which saw silver surge to $20 prior to a sharp correction and then surge to nearly $50 per ounce in April 2011.

Silver in USD - 12 Years - Thomson Reuters

Gold remains under covered in the mainstream media rather than specialist financial media such as Bloomberg, CNBC and the FT. It is very rarely covered in mainstream media and when it is covered it is frequently covered in a very unbalanced way - see ‘The Economist’ Anti-Gold Article – Case Study in Disinformation.

Poor man’s gold, silver is covered even more rarely and is therefore not on the radar of the majority of investors internationally and remains a hugely under owned asset. Therefore, it is encouraging to see the UK’s Telegraph publish an interesting piece this week making a strong case for owning silver.

The main thrust of the article by the commodities editor, Andrew Critchlow, is that demand for solar power is increasing globally and this will impact positively on the price of silver as it is a crucial component of photovoltaic cells.

Market Update

Today’s AM LBMA Gold Price was USD 1,193.00, EUR 1,062.43 and GBP 761.55 per ounce.
Yesterday’s AM LBMA Gold Price was USD 1,184.45, EUR 1,051.07 and GBP 755.49 per ounce.

Gold climbed $9.80 or 0.83 percent yesterday to $1,193.20 an ounce, and silver outperformed and rose $0.26 or 1.6 percent to $16.54 an ounce.

Important News

Gold Near 1-Week High On Safe-Haven Bids As Dollar Slips - Reuters
Gold Futures Settle At Their Highest In A Week - MarketWatch
Gold Jumps Most In A Week On Renewed Demand For Inflation Hedge - Reuters
Pentagon Weighs Sending Planes, Ships Near Disputed South China Sea Reefs - Reuters
EU Said to Consider Plan for Greece in Event of Euro Exit - Bloomberg

Important Analysis

Three Bubbles That Are Ready To Pop - MoneyWeek
Bond Market Meltdown Deconstructed: Five Charts That Explain Why - Bloomberg
A Tale Of Two Graphs------Why Bubble Finance Will Fail – ContraCorner
'The Crash" Will Not Be Caused By An Event... - ZeroHedge
Ouch! That Bond Selloff Cost How Much? - CNBC

Access on our new 'Breaking News and Commentary' page

Why You Should Consider Storing Your Gold In Switzerland

Switzerland is the most stable country in Europe and remains one of the most stable countries in the world today - both politically and economically. It remains the preeminent gold and silver bullion refining and storage hub in Europe anpossibly the world.

All that glitters is not gold. Investing in gold has many risks.

How you own your gold and where you own your gold is vitally important.

Owning gold in any location, including Switzerland, can bear hidden risks if you do not own the gold in the safest way possible - fully allocated and segregated coins and bars that you can visit, inspect and take delivery of. Digital gold with gold stored in Switzerland and Swiss gold ETFs have unappreciated risks.

In this ebook you will find out about:

1. Why Switzerland?: Switzerland remains one of the most stable countries in the world today - both politically and economically
2.
3. Europe's Precious Metals Hub: Switzerland remains Europe and possibly the worlds bullion refining and coin and bar storage hub
4.
5. Global Financial Hub: Switzerland is one of the world’s financial centres and a leading global centre for banking and wealth management
6.
7. Global Transportation Hub: Zurich is one of Europes and the world’s top transportation hubs.
8.
9. Key Benefits of Storing Bullion in Switzerland: Favourable Tax Treatment, Leading Storage Providers, Pools Of Liquidity, Refining Capacity, World Class Physical Infrastructure, Confidentiality and Privacy
10.
11. Steps To Owning Gold in Switzerland: Own fully segregated and allocated coins and bars in a fully insured vault that you can visit and inspect or take delivery of with a phone call

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