Silver Outperforms All Others in Q1, Changing Demographics & Increased Demand Could ‘Set Silver Prices Soaring!’
HOLLYWOOD, Fla., May 7, 2012 /PRNewswire-iReach/ — At Smith McKenna LLC, Stephen M Smith, who is a precious metals broker; fears that people will continue to dwell on analysts’ predictions of bearish markets for silver, which will limit those able to experience the wealth creation opportunities that may be right around the corner. All of the most significant areas that drive precious metal silver prices up are happening on a global basis right now; including employment growth, and swelling manufacturing demand – which will shrink supply.
The average person wishes they knew more about silver, gold and other precious metals investing; but fear, and lack of information hold them back. In order to help educate the public before it’s too late, Smith is offering a FREE investing book to a limited number of people who want to learn more. http://www.smithmckenna.com/free-book/
The investment arena so far in 2012 has been very different, especially the demographics compared to last year. Right now small investors and advisors are the leading backers of silver, which leaves room for explosive growth. Silver was already the top performer in Q1 2012 out of ALL other commodities, including gold.
“Last year when silver almost made a nominal all time high there were a lot more professionals and managed money involved,” said William Rhind (ETF Securities). This may be a crucial turn of events if professional investors shift their focus to silver as supply shrinks and demand increases; which could once again result in silver prices going into the clouds!
Smith McKenna offers a FREE precious metals newsletter, which updates subscribers monthly on these critical industry news and macroeconomic trends. http://www.smithmckenna.com/subscribe-now/index.php
Much of the data and projections currently circulating in the industry have been credited to the ‘World Silver Survey 2012′ which recently released by Thomson Retuers, GFMS for The Silver Institute – smithmckenna.com/graph.jpg. The graph offers a glimpse across the year of 2011, major economic announcements and the path of precious metal silver measured in dollars per ounce.
GDP was also up 2.2% in the first three months of 2012 according to the Commerce Department, despite ongoing claims of a negative economy. While analysts would lead many to believe stimulus efforts and the economy aren’t doing well, the raw data and proof in the numbers don’t lie.
About Smith McKenna, LLC
Smith McKenna is a broker/dealer of gold, silver, platinum, palladium and copper bullion. They offer zero commissions, best prices based on spot, no commission brokers, and only 0.1% monthly service fees; including storage, insurance, third party daily reconciling of all silver holdings, and all other administration costs.
For more information on Stephen Smith and Smith McKenna LLC, visit their website:
Stephen Smith Smith McKenna, LLC, 888-415-4909, firstname.lastname@example.org
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SOURCE Smith McKenna, LLC