Understanding The Silver Market
The record-breaking silver boom has prompted many Americans to sell their used, unwanted or broken Silver material in exchange for generous profits. The Silver Market is the highest it’s been in decades.
There are many factors to take into consideration when understanding the value of Silver on the open market. Here are a few that have led to the precious metal’s recent inflation hike:
A Troubled Economy — When the dollar weakens the price of silver goes up.
Silver & oil prices are connected. The current silver prices have recently been influenced by the stock markets although now there appears to be a direct correlations with the oil market which is also trading high. A sustained rise in oil will likely be bullish for the silver price.
A decline in silver mining. Recently there has been a decline in silver production. “The U.S. government had over 3 billion ounces of silver in 1940, and today, has very little left, or none.” Therefore, as the demand for silver continues to grow, the supply is diminishing. Silver is a vital commodity. Silver is used in photography, dental compounds, solder, brazing, electrical contacts, batteries, mirrors, and printed circuits. Silver is also used to make coins and jewelry. As the world population continues to grow so does the demand for silver.
Now is an excellent time to turn your Silver Material into Cash. Our seamless process makes it a cinch for Americans in all 50 states and Canadians to get an offer for their material – especially those living in rural areas.
To request a FREE APPRAISAL KIT simply fill out the form and we’ll provide you with a complimentary FEDEX SHIPPING LABEL so you can easily ship us your Silver Material at no cost to you. Within 24 hours of receiving your SILVER SHIPMENT we’ll send you an offer which you can accept or decline. If you ACCEPT, we’ll rush you payment, if you decline we’ll return your item(s) to you free of charge.
