Is it silver's time to shine? GoldMoney is delighted to present a seminar to explain more about silver's role in the preservation of wealth and for inclusion in a diversified portfolio.
Investors often include gold within a portfolio, and the recent news that physical gold can be included in Jersey pensions has increased its appeal – but silver has its own, often over-looked advantages. GoldMoney is to hold a breakfast seminar looking at the precious metal and its current market potential for investors, on Friday 21st March.
The seminar is to be hosted by GoldMoney's Head of European Business Development, Martyn White: 'For this seminar we will look at why investors might consider silver, as well as providing the latest statistics on physical silver purchases worldwide and exploring some of the fundamental reasons silver may or may not be an attractive purchase in 2014 and beyond, including how it is currently undervalued relative to the price of gold.'
Silver is an industrial metal, not just one used as a currency or for jewellery making. Nearly 60% of silver mined in 2012 was consumed by industry*, and a further 24% went into jewellery making. Due to its excellent electrical conductivity almost all electronics are configured with silver. In addition, over 36 million ounces of silver are used annually in the car manufacturing industry. This demand should rise in line with a worldwide economic recovery.
The free seminar will discuss who the main buyers of silver are, and explore:
- The gold/silver ratio and its impact on the future silver price;
- A comparison between gold and silver when considering your asset allocation;
- A look at the volatile nature of silver's performance over the past few years; and
- The advantages of diversifying your portfolio with a varying selection of precious metals.
The seminar is taking place on Friday 21st March at the Pomme d'Or Hotel, Jersey. There will be a light breakfast provided in the Liberation Suite from 07.45, with the seminar running from 8am to 9am.
Booking is essential, please visit: www.goldmoney.com/company/events/forgottensilver
NOTES TO EDITOR
For more information, and to arrange interviews, please call Gwyn Garfield-Bennett on 01534 715411, or email [email protected]
GoldMoney is one of the world's leading providers of physical gold, silver, platinum and palladium for retail and corporate customers. Customers can trade and store precious metal online easily and securely, 24 hours a day.
GoldMoney stores around $1.3billion of precious metals worldwide for over 22,000 customers.
GoldMoney has offices in London, Jersey and Hong Kong. It offers its customers storage facilities in Canada, Hong Kong,Singapore, Switzerland and the UK provided by the leading non-bank vault operators Brink's, Via Mat, Malca-Amit, G4S and Rhenus Logistics.
GoldMoney is regulated by the Jersey Financial Services Commission and complies with Jersey's anti-money laundering laws and regulations. GoldMoney has established industry-leading governance policies and procedures to protect customers' assets with independent audit reporting every 3 months by two leading audit firms.
Follow the GoldMoney Dealing desk team on Twitter: @goldmoneyupdate