A Prudent Investment with Gold
6/7/12 at 09:12 AM 0 Comments

Demand for Silver American Eagles Remains Strong

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The demand for silver coins in May could be the second highest month of 2012. Nearly 2.3 million of the popular silver American Eagle coins from the United State Mint were sold during the month. This brings the total for the entire year to more than 14 million silver coins.

The correction in the price of silver has led silver coin investors toward establishing new positions in the metal. Investors were buying silver coins anticipating a potential upcoming price increase in the price of silver. At just under $30 per ounce, many analysts believe that the price of silver was at an attractive level to start accumulating a position against the threat of inflation and currency devaluation in Europe.

Silver coins can help protect your portfolio from a potential collapse in currency markets around the world due to the overprinting of worthless dollars and Euros. Help save your life savings by diversifying your portfolio with a potential investment in silver coins. For more information about investing in silver, please check out our website at www.aglobalcurrency.com for more free details.

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