3
March
$35 Silver in 2 Years
Here is a Yahoo video where TSC's Debra Borchardt takes a look at the silver market and where it might go.
Everyone agrees that gold is on a long term rally with occasional pullbacks; but what about silver?
4 Comments Add Comment
I have never invested in
I have never invested in Silver yet. I was about to enter the silver trading because it provides a stable return of value, but when the market crisis, I moved all my money back into gold.
@Andrew - I was in the stock market for many years but bailed before the market went belly up. Unfortunately, I didn't get into the precious metals market early enough to catch the upwards wind.
I own silver and plan to buy
I own silver and plan to buy more. Silver is a biproduct of copper mining, and copper mining has basically come to a halt with the 60% drop in copper prices. The mining supply of silver is going to dry up, there is very little in reserves, but demand will grow.
I read a lot about the two
I read a lot about the two 'money' metals. The best way to look at gold is to see it as a store of value or a protection for your savings against inflation. Silver is more of an investment. When compared to shares, they both win. Gold has been money for 5000 years, and so far has never lost value in the sort of measure we are now seeing on the stock markets.
SILVER!!
Silver has been used as money more than gold in the past 5000yrs..and is a true currency metal..both!!..Nevertheless silver is a outperforming investment hedge of a lifetime ..Do the DD and understand its fundamentals..Silver willbe 100 in the short term years to come after that I wouldnt be suprised when we 2:1 or 3:1 on Gold:Silver.....