Saturday, November 6, 2010
What is going on with Silver?
Is anybody seeing what is going on with Silver? It is up over $26 an ounce as of Friday and boy am I glad that I have invested in Silver over the past 2 years. I got into it around $13 an ounce and on most of my investments I have doubled, but is it bound for more. Experts believe Silver to be over the $50 an ounce range in the near future and with the fear of inflation more and more people are going towards gold and silver as a hedge against inflation. Another big reason why Silver is going up is the industrial demand that this commodity has. It is used in hospitals, clothing, and even computers and cell phones. If you have not jumped on the Silver bandwagon I would suggest that you jump on.
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