Silver Price Per Ounce Silver Price Per Ounce Rises. Silver
has been used as a form of currency since ancient tis and even today is a highly
sought after modity. While many investors focus on the price of gold
today
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investnt when you consider the silver price per ounce. There is no denying that
gold has a certain prestige among investors, however when pared to the silver
price per ounce, for many investors silver es out ahead, since it is much more
affordable and less volatile to market conditions. Today the Silver Price Per
Ounce is Fluctuating Around 42 dollars As market conditions change, the silver
price per ounce will go up or down, to reflect those market conditions. Though,
many investors see silver as a more promising investnt choice, in the long run,
since overall silver prices per ounce, have been more stable than gold prices
recently, which have fluctuated greatly recently. Additionally, silver is
increasingly being a stronger investnt, with the high unemploynt and economic
uncertainty in the US. With inflation and the weakening dollar, silver price per
ounce is being worth more and is inversely related to the strength of the dollar
bill. So even if the price of silver per ounce decreases, when you pare the
value to the dollar if you had it sitting in the bank, you are going to
generally be better off. In the Future Silver Price Per Ounce Why Silver Prices
Will Continue to Go Up- The Future of Silver and Silver Prices Why Silver Prices
are Going Up A large number of investors have been focusing primarily on the
economy rather than the growing dangers of inflation, and that has been part of
the reason silver prices have remained sowhat flat and not surged ahead like
many projected for 2009
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left for that to happen, and has already started to. Still, the economy, from
the point of view of panies holding tight to their money and not willing to pay
high prices for raw materials they need, has made a temporary impt on silver
prices. Why that wont go on for long is just about every product using silver in
its process is increasinging in demand, or is at least holding steady. The lone
exception is in photography, which has been trending toward digital for quite a
while. That has of course happened as we move into 2011, as silver prices have
soared, finding support at around the $30 an ounce mark. Growing Demand for
Silver Even other traditional products which use silver like silverware and
jewelry have been holding pretty steady in demand during these hard economic
tis. A couple other major ftors will drive silver prices in the future, and that
will be growing demand from erging products, and the inability to recover silver
in so of those products, losing it forever. Among those products increasing
their use of silver include batteries, solar, eyeglasses, dical, mirrors and
paint, among a number of others. Long Term Outlook for Silver and Silver Prices
As you can see
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one of the modities which will be in the highest demand, while so of its uses
will make it impossible to recover the tal to recycle. The long term outlook
looks trendously bulli for silver, and investors ould reap a huge reward from
this tal which has temporarily been held bk from soaring in price because of
slowdown in demand, and ability or willingness of panies to pay higher prices
for needed raw materials. But a major underlying ftor which will drive up silver
prices is in industrial uses. Not just that it is being used and driving demand,
but that in so cases it is now being used in a way that it cannot be recovered.
So of the larger losses of silver in industrial use concerns surging demand in
electronics, jet engine bearings (as well as other bearings), batteries, and as
a chemical catalyst. Many Uses of Silver Silver Demand Demand in all the above
areas for silver are either staying a current levels or increasing. But again,
the silver used in them cannot be recycled, which will drive up silver prices
going forward. Even this isnt even the entire story though, as other erging uses
will put pressure on silver stockpiles, and, again, drive up prices. Sectors
included here are solar cells, paints, mirrors (because of reflective
properties)
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extraordinary anti-bterial properties of the tal can be used in a plethora of
situations to reduce infection. Related to the anti-bterial use is its extre
value to water purification, where high demand for clean water drives the demand
for anti-bterial agents like silver. Silver the Best Investnt over the next
Decade As you can tell, over the long term, silver looks to be one of the
modities which will be in the highest demand, while so of its uses will make it
impossible to recover the tal to recycle. The long term outlook looks
extraordinarily bulli for silver, and investors ould reap a huge harvest from
this tal which has temporarily been held bk from soaring in price because of ort
term slowdown in demand and ability of panies to pay higher prices. So analysts
and investors see silver being the investnt of the decade, like gold was in the
last decade. To view the detailed Silver Price Charts and Comparison, visit the
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