ximmy
6th September 2011, 09:30 PM
“Silver has been showing its two faces which have been working against each other in the most recent environment,” writes Williams. “It is considered both a precious metal with monetary overtones and also an industrial metal – two faces controlling its investment parameters.”....
In spite of the risks, many investors still find silver an attractive investment as it has the potential to bring far greater return on investment. The ROI for silver can surpass gold exponentially, as price movements over the last year have shown. From August 31, 2010, the price of silver year-over-year gained 115 percent compared to 47 percent for gold; meaning, that one hundred ounces of gold you bought last year for $124,770 made you $57,750 if you sold it one year later. However, you could have put that $124K all into silver and made nearly $143K for a total ROI of 147 percent more than your return on gold.
Over this next year, analysts expect gold prices to reach even higher and for silver to continue outperforming gold. “When we look at gold versus silver, we feel that silver prices are going to enjoy more of a gain over the next year or so. I think by the middle of next year silver will be sitting at around $80,” TS Capital CEO David Stroud (http://silverandgoldcoinblog.com/2011/08/04/silver-to-continue-outpacing-gold/) told Bloomberg Television earlier this month, calling silver “the perfect alternative” to gold....
http://resourceinvestingnews.com/21890-silver-the-perfect-alternative-to-gold.html
In spite of the risks, many investors still find silver an attractive investment as it has the potential to bring far greater return on investment. The ROI for silver can surpass gold exponentially, as price movements over the last year have shown. From August 31, 2010, the price of silver year-over-year gained 115 percent compared to 47 percent for gold; meaning, that one hundred ounces of gold you bought last year for $124,770 made you $57,750 if you sold it one year later. However, you could have put that $124K all into silver and made nearly $143K for a total ROI of 147 percent more than your return on gold.
Over this next year, analysts expect gold prices to reach even higher and for silver to continue outperforming gold. “When we look at gold versus silver, we feel that silver prices are going to enjoy more of a gain over the next year or so. I think by the middle of next year silver will be sitting at around $80,” TS Capital CEO David Stroud (http://silverandgoldcoinblog.com/2011/08/04/silver-to-continue-outpacing-gold/) told Bloomberg Television earlier this month, calling silver “the perfect alternative” to gold....
http://resourceinvestingnews.com/21890-silver-the-perfect-alternative-to-gold.html