Evaluating Precious Metals Trend
June 11 2010 - 8:23AM
Marketwired
www.rothmanresearch.com -- The term 'precious' in precious metal
has a number of meanings for investors. Whilst the mundane
classification makes precious metals of worth due to its scarcity
as compared to other industrial metal. One of the major reasons why
some precious metals are so valuable for investors is that they act
as store of value or simply by laymen term a safe haven during
times of economic uncertainty. This has been the case for gold and
silver throughout the recession with the dollar losing value and
investors looking for security in those metals. Now with the
European sovereign debt crisis, gold and silver value and wealth
preservation characteristics are still exerting a pull on
investors.
www.rothmanresearch.com is a source for investors seeking free
information on the Silver industry; investors are encouraged to
sign up for free at
http://www.rothmanresearch.com/index.php?id=6&name=Register.
Gold and silver prices have been consistently on the rise for
the past years backed by sustained economic and currency
uncertainty. And as long as prices remain high, the big winners are
mining companies which see a guarantee for their growth prospects.
In the silver industry, Silver Wheaton Corp.
(NYSE: SLW) has being making great strides of late as the company
has been outperforming both the S&P 500 and the precious metal
since March 2010. Silver Wheaton has delivered strong results in
its most recent quarter with revenue surging to $85.9 million
mainly due to an increase in its sales of silver. From industry
professionals' standpoint, the company has a uniquely positive
outlook as long as silver prices maintain their present highs.
*Free downloadable research report on Silver
Wheaton Corp. is available by signing up now at
http://www.rothmanresearch.com/article/slw/23579/Jun-11-2010.html
Another company in the silver industry worthy of investors'
attention is Coeur D'Alene Mines Corp. (NYSE:
CDE). The stock is currently at a much lower price-to-book value in
contrast with big players in the industry.
*Complimentary downloadable research on Coeur
d`Alene Mines Corporation is accessible upon registration at
http://www.rothmanresearch.com/article/cde/23578/Jun-11-2010.html
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1-917-267-8836
However, with the dollar strengthening in recent weeks,
investors seem to be moving away from gold and silver as they clear
up their positions in those precious metals to cover losses
incurred in other markets. "We believe this trend is temporary, as
the European debt crisis might soon bring the safe haven status for
gold and silver back to the table," commented David Cowan of
www.rothmanresearch.com.
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For More Information Contact: David Cowan
info@rothmanresearch.com
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