Silver Values

Well, it is hard to find a safe place to invest in the stock market right now. Of course, the silver and gold bulls are hanging in their with smug grins on their faces. See, gold is a commodity. And no, they are not the best performing commodity over the last several months. However, precious metals are also sticking in the middle of the pack.

The thing about precious metals as a commodity is that they are easy to take delivery of. You cannot take delivery of  corn, wheat or oil, but you can take delivery of gold and silver! This means you are not speculating on something you cannot hold. This is one appeal of gold and silver investments.

Share This

If you enjoyed this post, make sure you subscribe to my RSS feed!

This is an interesting exercise to perform if you are concerned about the value of your gold or silver stash. Compare the price of an ounce of silver or gold in July of 2007 to the price it is today in June of 2008. Then do the same with a few of last year’s hot paper investments!

OK, so I’m a day behind. Silver-Prices.net just updated their silver stock portfolio. That post was yesterday on April 8, 2008. Even though they are, in general, bullish on silver, their opinion is that we could have a pullback on the bullion price, even down to $15 and ounce.

Now I can find lots of opinions out in cyberspace to the contrary, who believe that the time to buy is now. Personally, I cannot see how our weak dollar and increasingly challenged economy suggest anything but gradual increases in the silver price. Especially when people are having trouble finding bullion at coin dealers in many parts of the country!

Share This

Join the forum discussion on this post - (1) Posts

If you enjoyed this post, make sure you subscribe to my RSS feed!