James Burbage, III, President of Lloyds Asset Management, nails a silver
recommendation, hitting the mark yet again, for a third consecutive call
since last October with his first quarter 09 Precious Metals (silver)
recommendation that has yielded a 22 percent price increase reflected in
$2.94 jump in silver from its original price on March 23 when the
precious metal was trading at $13.31.
At the end of Q1 ’09, Burbage forecast silver “trading
within the $15 - $18 price range within the next 90 days” via his
announcement on Business Wire. Barely three months later, on June 3rd,
silver broke the $16 mark, landing on $16.25.
“Despite the new presidential administration and the stimulus package,
all of the classic variables that traditionally help drive precious
metals, gold and silver prices, are still in play,” says James Burbage,
III, President of Lloyds Asset Management, a Precious Metals
Broker/Dealer with two offices in Palm Beach Florida – Jupiter and
downtown West Palm Beach.
“High unemployment, highly uncertain economic conditions in the United
States and abroad, the collapse of the real estate markets as well as
financial and banking systems in the country, and indisputable and
virtually never-before-seen global economic meltdown continue to draw
investors to the safe haven of precious metals,” says Burbage.
On October 14th, 2008, Mr. Burbage, who is the direct
descendant of James Burbage, recognized as the creator/inventor of
modern day stage theatre, who worked directly with William Shakespeare,
predicated that prior to the end of the first quarter of 2009, silver
would hit $16; his
call was within five percent of his predication when silver hit
$14.63 with ten days remaining in the first quarter of 2009. On October
14th, when Mr. Burbage made the call that silver would rise
it was trading at $11.22. Silver did in fact increase in value by $3.41
over this period for a percentage increase of slightly more than 30%.
A Quick History Lesson in (Silver) Economics
Since 1964 the U.S. dollar has lost over 75% of its purchasing power.
Gold and Silver have not lost any. At its low and modest entry point,
the precious metal, Silver, has more potential than any other investment
product on the planet. Despite the President’s stimulus package, most
economists across the board, are looking for things to get worse before
they get better.
About James Burbage III & Lloyds Asset Management
For private investors large and small, as well as institutions, precious
metals are, and continue to be, the safe haven for investors in
turbulent financial and uncertain national and geo-political times.
“Nationally and globally speaking, the markets have never been more ripe
or primed for investors seeking a safe place for their money that
supports a historical track record of steady and significant returns in
both the near and long term,” says Mr. Burbage.
James Burbage III,is the direct descendant of the Elizabethan
James Burbage who is regarded as the father and inventor of stage
theatre. Now, more than 400 years later, James Burbage III continues his
family’s legacy as an entrepreneur and visionary. Applying the blessing
of his extraordinary lineage with his passion and drive for the
financial services, investment and precious metals industry, Mr.
Burbage, III has created a firm whose name is synonymous with the
highest degree of ethics and professionalism in the precious metals
industry. With clients across the country, as well as internationally,
Lloyds Asset Management has the experience, financial experts and
state-of-the-art technology to provide seasoned counsel for the broad
spectrum of investors -- from the first-time gold or silver buyer, to
the savvy precious metal investor or even institutions.
Editors Note: James Burbage is available for media commentary on
the financial markets, offering general market overview, with particular
expertise in the Precious Metals arena.
For additional information about Lloyds Asset Management visit: http://www.lloydsmetals.com/
For media interviews, contact: Jeff Mustard / cell: 954-801-8263 /
email: jeff@thebambooagency.com
For Lloyds Asset Management
Jeff Mustard, 954-801-8263