Watch For Prices To Rise On Gold And Silver Jewelry

When the financial markets are in flux, as we saw earlier in this month, the good old standby of  liquid commodities such as gold and silver rise as investors fear devaluation of paper currency.  This amounts to scooping up large quantities of gold and silver.  Subsequently removing and hoarding it against any financial instability.  Recently, the Asian markets have felt jittery with the economic slowdown in China and the result has been scooping up gold and silver from the marketplace.

Can there be a real shortage of gold and silver?  Chris Marchese  suggests not, at the same time recognizing that  supply and demand are not the only  factors that comes into play in his article “The Gold and Silver Shortage?”

What  does  this mean to the fashionista?

Expect to pay more for jewelry made of these precious materials and jewelers and designers to use less and less of the real stuff and more of the gold/silver “embraced™ bronze.”  In essence a coating to give the appearance of solid gold or silver.

 

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