Wednesday, May 12, 2010

The Prices are getting better..

If you haven't been paying attention to that small button at the left side of this blog which tells you of the current prices of precious metals, then you might not have realized the recent climb in prices.

Yes, Silver in particular has pounced the $19 barrier and this is a strong indicator of an ever increasing demand of the metal as a result of increased awareness against the volatility in the financial markets.

Gold is getting higher and higher while Silver is still dirt cheap. Gold is hoarded but Silver disappears. With the many industrial uses of Silver in our high tech world, we wouldn't wonder that the prices would continue to go higher. This is a highly recommended investment strategy that will outdo any CDs, Treasury Bills or whatever paper asset you may have.

If you feel lazy towards getting rich, then Silver might just be the right vehicle for you!

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