Tuesday, March 18, 2008

Silver is Becoming a Precious Metal


My grandfather's diningroom table glittered with silver. Thirty years ago it was a common metal, used by people who could not afford china. This was a long time ago. Now, above ground supplies of silver are gone, and the world demand far exceeds the supply.

There are two types of investment silver, coins and ingots.

Coins have a currency value issued by the National Treasury. If the bar of silver has no currency value then it is an ingot. This is the best time to buy silver . Not silver futures, but silver bullion.

You cannot purchase bullion at any corner store and expect it to retain its value. Fore investment purposes you must contact a company like Monex Precious Metals. They are home to the larges collection of hard asset professionals serving precious metal investment in North America.

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