Saturday, December 4, 2010

Hot Investment Tool

With the surging prices of Gold and Silver, it has become interesting how slowly the masses are diving in to this particular investment tool. For instance, the price of silver has validated 200x since I became aware of this phenomenon and even if it is pegged at $29-30 per ounce, this white metal is still considered cheap.

There are many groups advocating the diversifying of assets to include the metals. My coin on the matter is that it is not early, but definitely it is not too late. If you know a good source of silver or a foundry that can help you find some then by all means, get some!

Many of the sources on the web are advocating various forms of owning metals. Websites like goldsilver.com, goldmoney, etc. These are all fine yet tailored to foreigners. For the average Filipino who has to pay an exorbitant mailing fee plus the preying eyes of Custom officials of your "attractive" cargo, this may be too risky.

This will entail a little imagination on the part of the metal investor. There are indeed many sources in the local scene that can be made a viable source for metals. But that is for you to study and find out where.

1 comment:

  1. Great to have stumbled onto your blog! :) Since early this year, I've been looking for options other than paper investments (despite the stock market being bullish the last qtr, LOL). Hope you can share more info on investing in metals.

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