Don't buy the hype; buy stability. There are a lot of possibilities for savvy investors right now. Best guidance would be to purchase gold and purchase silver and hold on for the long haul and any ups and downs in prices in the short-term prices. Read...
Stoughton, WI -- (SBWIRE) -- 01/28/2013 -- Worried about how to invest in 2013 amidst fiscal cliff fears? Do not be. Here's all that is necessary to comprehend to thrive in the year to come. Morgan Stanley is confident on gold and silver and watchful about base metals, not including copper. Together with advising investors to hold onto their precious metals, the firm also lists corn as well as soybeans as favored commodities in 2013 amidst rampant food rising cost of living; lingering side effects of QE3.
They stated they favor commodities below “supply constraints” and these that possess “structural stories.” Because of this, they believe gold will average about $1,853 per ounce next year and silver will average out at about $35. Platinum is expected to fall soon behind gold's price at $1,715.
However, Morgan Stanley is urging investors to be more selective when making investment options going forward into the New Year. Do not purchase the hype; purchase stability. You will find a lot of possibilities for savvy investors right now, but you'll find a lot of risky ones too. Gold and silver seem to be safe bets across the board, and we're staying long on these two till the supply crunch subsides.
From Kitco Silver “We have a more optimistic outlook for platinum group metals, as supply issues in South Africa have assisted get rid of surpluses in all significant PGM markets,” analysts stated in their report. “We anticipate deficit markets to carry on in 2013, with upside benefits for prices. Industrial demand continues to be firm, and supply is constrained by South African labor problems, decreased sales from Russian stocks and lower recycling rates.”
For the time being, Morgan Stanley analysts described themselves as “relatively cautious” on base metals due to a “guarded view” of first-half international monetary development and also the complex’s potent correlation to international macroeconomic trends.
“The downside dangers to pricing are only amplified by a structural oversupply evident in most base metals markets, utilizing the essential exception of copper and maybe lead,” Morgan Stanley stated. “Upside for next year may be discovered in the second half of 2013 as our international economists are forecasting a pick-up in industrial activity.”
On the other hand, Morgan Stanley desires to remind investors that the aluminum marketplace is presently “oversupplied and over-produced,” in its opinion. Nonetheless, China will continue to stock up on gold, silver as well as copper, increasingly so in 2013. So it seems that you will find no worries on these 3 fronts. Best guidance is to purchase gold and purchase silver and hold on for the long haul and any ups and downs in prices in the short-term prices.
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