Thursday, January 27, 2011

Lloyds Asset Management

Why is it Beneficial to Invest in Silver?

Throughout the ages, silver bullion has been at the centre of the world’s financial markets. The durability, malleability, and industrial need for silver still remains constant to the present day, in addition, silver has automatic value as one of the preeminent precious metals. Silver has an advantage over gold in that it has many industrial uses in addition to being vital to the jewelry and luxury item industry. Because of its fantastic qualities which include strength, ductility, conductivity, and malleability, the last 3 decades has seen a rise in silver investing due to the high need for silver in the industrial and manufacturing industries.

In addition to getting used for industry and manufacturing, silver also plays a dominant role in the healthcare industry.  The specific antibacterial attributes of silver is widely used in medical practices and medical procedures. In burn wards in hospitals across the country, a medical device known as the “silver bullit” is utilized by healthcare professionals to avoid bacterial infection in burn victims on a daily basis. The dressings of the burn victims’ wounds will incorporate a layer of bandage incorporating silver, which prevents secondary infection in suffering burn victims. Additionally, numerous other amounts of silver are being utilized in studies and efforts to avoid the spread of disease stemming from silver’s special microbicidal traits.

Precious metal industry experts have concluded that almost ninety-five percent of all the prevailing silver extracted from the earth in the past has been utilized already in industries across the world. As a result, this silver has been totally exhausted in these processes, and there is none left for use by either industry or individuals. For example, at the beginning of the twentieth century, an estimated twelve billion ounces of silver existed around the world. Presently, there is less than three hundred million ounces, only a fraction, obtainable in a refined fashion. The entire cache of existing refined silver could conceivably be purchased by knowledgeable investors for as little as 4 billion dollars. The consistent influx of the world’s economies trending towards a global and much more macroeconomic forum, coupled with the geopolitical volatility in several regions, makes an extremely profitable opportunity for financial analysts taking a serious look at the silver market. It is this consistent and constant demand for silver, for either luxury or industrial use, that causes the way forward for silver investment to be a glowing one.

A decent number of the world's most savvy and distinguished financial analysts have indeed already capitalized on the outlook and current need for silver and silver investing. As silver retains its inherent demand throughout the globe, together with the upside potential in the silver market, many silver investors have already begun to benefit from their investments in one of the globe’s primary commodities.

Lloyds Asset Management can help you invest in gold, silver, platinum and other precious metals.