I received a strange email before in regards to the price of gold coins, silver coins, and even bronze for that matter. Spam can be a rather strange thing, but I get bored enough to google things on the topic if it seems even remotely interesting to me. I’ve come across monex.com, a site I’ve used in the past, and found that while gold is great and all, there is a HUGE market for buying silver these days. I came across this quick web release about silver:
There may never be a better time for buying silver bullion than right now. World demand for silver now exceeds annual production, and has every year since 1990. Above ground stockpiles of silver bullion are low, shrinking rapidly and approaching zero. Since the end of WWII, for example, the U.S. government – once the largest stockpiler of silver on the planet – has dumped billions and billions of ounces of silver bars onto the world market, effectively depressing silver prices. Today, that government silver hoard is gone . . . and now the U.S. government is a silver buyer. For these reasons, silver bars represent an outstanding investment opportunity.
Either way I think an investment in anything isn’t a bad idea, I think that’s why people spend so much time on the stock market. They want to get everything they can for their money and there really isn’t anything wrong with that. I’m still peeved that my father didn’t invest in Google or Yahoo when I told him about them, he chose to stick with AT&T and I guess that’s fine now considering the iPhone is out, who knows what’ll happen with that stock. However, I hear there’s a lot of issues with the phone so I can only feel sorry for everyone having those shiny new two year contracts.