Silver prices this fall in South Africa

Silver prices this fall in South Africa is a very popular topic. I have seen many blogs and forums that talk about it, but there seems to be a lot of speculation surrounding it. If you are wondering what is happening to silver, it seems that the price may drop by as much as 50% for those of you keeping track of global silver prices. So, if you are holding silver coins in your portfolio, now is the time to make your move.

Many years ago, the South African economy was one of the most stable in the world, so, why is the current situation the way it is? Well, you see, a combination of two major factors have come together and the prices are now falling dramatically. One is the current economic crisis in America and the other is the collapse in the Chinese economy. The former is not even on the minds of people who are affected by it, while the latter has caused some major financial trouble for the Chinese.

What is really causing the decline in silver prices this fall in South Africa? It is a combination of things, and it is a combination that is bound to affect many markets across the globe. For example, the economic problem that we are currently experiencing in America is very large and is creating a lot of problems for the Chinese. China’s economy is based on the amount of silver it mines, so, if China’s economy is crashing then the prices of silver will likely plummet. Also, it is believed that the Chinese are using the economic crash to gain a monopoly on the mining industry.

As far as we are concerned, we feel that this monopoly has resulted in a lot of negative aspects and has caused a lot of negative news in the recent times. We have seen that a number of mining companies were forced to file for bankruptcy. Furthermore, many gold mining companies had to face a lot of negative attention, with many newspapers blaming the Chinese. Some say that the Chinese have been trying to gain control of the gold mining industry for their own gain.

Since we do not see the situation improving anytime soon, it is important for anyone with gold investments in South Africa to be able to protect their investment in case the prices drop. This is especially true when you consider that the US dollar is also losing ground in South Africa as well.

If you are holding silver coins in South Africa, it is important to get out as much as you can and take advantage of the current situation before it turns into a big problem for you. If you hold a significant position in South African gold, then, it is important for you to protect your portfolio.