{"id":6304,"date":"2012-10-13T08:37:27","date_gmt":"2012-10-13T12:37:27","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=6304"},"modified":"2012-10-13T08:37:27","modified_gmt":"2012-10-13T12:37:27","slug":"why-investing-in-silver","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/why-investing-in-silver\/","title":{"rendered":"Why Investing in Silver?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-6305\" title=\"Raw Silver\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/10\/Raw-Silver.jpeg\" alt=\"\" width=\"230\" height=\"155\" \/><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-6306 alignright\" title=\"Silver bars\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/10\/Silver-bars.jpeg\" alt=\"\" width=\"199\" height=\"168\" \/><\/p>\n<p>Dear <strong>PGM Capital<\/strong> Blog readers,<br \/>\nThis weekend\u00a0I would like to talk<strong>\u00a0<\/strong>with you about investing\u00a0in\u00a0Silver.<\/p>\n<p><strong>Silver<\/strong> is a metallic\u00a0chemical element\u00a0with the\u00a0chemical symbol\u00a0<strong>Ag<\/strong>\u00a0(Latin: Argentum),<\/p>\n<p>Unlike gold, which is predominantly\u00a0a precious metal, of which 90% of its mined output is being saved, 90% of all\u00a0mined\u00a0silver,\u00a0on the other hand, continues to be utilized for industrial purposes:<\/p>\n<ul>\n<li>Silver is needed in just about every digital device produced &#8211; from TVs to computers to electrical cameras, tablets and smartphones.<\/li>\n<li>Mirrors and Optics.<\/li>\n<li>It is also important in batteries, disinfectants, photovoltaic power, as well as drinking water purification.<\/li>\n<li>Antibacterial agent being used by hospitals and health care amenities.<\/li>\n<li>Jewelry<\/li>\n<li>Coins<\/li>\n<\/ul>\n<p>Meanwhile, the supply of silver is in a downward trend of historic magnitude and Silver inventories have fallen 92% since the beginning of the twentieth century.<\/p>\n<p>At the current rate of use, all known silver reserves will probably be depleted in approx. 29 years.<\/p>\n<p>For your convenience we have placed here below a copy of an interview with Canadian Billionaire Investor Mr. Eric Sprott, Chief Executive Officer of Sprott Asset Management LP, about his outlook for Silver for 2012 and beyond.<\/p>\n<p><iframe loading=\"lazy\" src=\"http:\/\/www.youtube.com\/embed\/TjCjP5vasIY\" frameborder=\"0\" width=\"540\" height=\"360\"><\/iframe><\/p>\n<p>After reading the above and viewing the interview of <a title=\"Eric Sprott\" href=\"http:\/\/www.sprott.com\/about-sprott\/investment-team\/eric-sprott\/\" target=\"_blank\"><strong>mr Eric Sprott<\/strong><\/a>, you\u00a0should agree with us that the price of silver is about to explode!<\/p>\n<p>Last but not least, \u00a0keep in mind that the silver market is much smaller than the Gold market and due to this much more volatile.<\/p>\n<p>Before following any investing advice, always take your investment horizon and risk tolerance into consideration and keep in mind that the price of Commodities, Precious metals as well as the stocks of their producers can be very\u00a0volatile and that sharp corrections may happen in the short term.<\/p>\n<p>Yours Sincerely,<\/p>\n<p>Eric Panneflek<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear PGM Capital Blog readers, This weekend\u00a0I would like to talk\u00a0with you about investing\u00a0in\u00a0Silver. Silver is a metallic\u00a0chemical element\u00a0with the\u00a0chemical symbol\u00a0Ag\u00a0(Latin: Argentum), Unlike gold, which is predominantly\u00a0a precious metal, of which 90% of its mined output is being saved, 90% of all\u00a0mined\u00a0silver,\u00a0on the other hand, continues to be utilized for industrial purposes: Silver is needed<a href=\"https:\/\/www.pgmcapital.com\/nl\/why-investing-in-silver\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,10,11,12,13,15,1,17,32,18],"tags":[],"class_list":["post-6304","post","type-post","status-publish","format-standard","hentry","category-commodities","category-eric-panneflek","category-euro","category-inflation","category-market-volatility","category-pgm-capital","category-uncategorized","category-us-dollar","category-video","category-world-economic-outlook"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=6304"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6304\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=6304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=6304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=6304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}