Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Tuesday, June 25, 2013
How to Invest in Silver and Gold in 2013
Anyone thinking about how to invest in precious metals right now has been watching the plunging prices of gold and silver.
Both metals are firmly in bear market territory. By the end of last week, gold was down about 27% from its 52-week high of $1,803 and silver had cratered by a whopping 43%.
But the recent downward slide in the price of silver and gold has once again revealed to investors the most important fundamental fact about precious metals - they're incredibly volatile. Swings of 50% in value in a single year are not unheard of.
But the fact remains, there are a host of good reasons why you should know how to invest in precious metals and why they are important to a diversified portfolio.
Precious metals offer unique protection against inflation and insurance against financial or political disasters.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Posted by Gordon Silverstein