Tuesday, November 3, 2009

INVEST IN SILVER

INVESTING IN SILVER is definitely a good idea nowadays. There are many reasons why you should start buying silver now. Here is a list that I have concocted to enable you to think twice about where to put your hard earned money. (Circumstances may vary so please consult your own adviser)

INVEST IN SILVER REASON NO. 1: GOLD IS HOARDED WHILE SILVER IS CONSUMED. Gold is not lost, it just take a lot of forms from dentures to jewelry. I consider it a 'morph' metal since it endures and takes different shapes. Silver on the other hand is another story. With the vast applications associated with silver from your LCD, to your mobile phone (it's an excellent conductor) to medical treatments, it will be a wonder to see the levels of supply shrink in the long term.

INVEST IN SILVER REASON NO. 2: SILVER IS STILL DIRT CHEAP. The psyche of the population is still towards gold and not on silver--YET. When the masses realize (and they will soon) that silver is the metal to keep they will all come charging in, depleting supplies and pumping prices sky high.

INVEST IN SILVER REASON NO. 3: GOLD IS EXPENSIVE. You can only keep so much gold because of the current prices and that can be a bummer especially for middle income employees who have limited resources.

These are simple yet observable reasons why we should not stop finding ways to INVEST IN SILVER.

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