As the world's central banks are printing money like there is no tomorrow. And as each desperate act to calm the markets fails, the value of everyone's purchasing power is being squeezed to nothing. Most investors are running to precious metals ...
24 Mar 2011
Gold Hits New Record, Silver at 31-Year High
Music to our ears. Silver crossed $38 today and gold briefly hit an all-time high around $1447.
http://www.wealthwire.com/news/metals/925
23 Mar 2011
Silver Passes $37 as U.S. Inflation Nears 9%
Official numbers aren't showing inflation (yet), but silver is certainly hinting at something. Next stop: $50?
http://www.wealthwire.com/news/metals/918
21 Mar 2011
Silver Closes Over $36 as China Buys
News that China imported 245 tons of silver in February may be related to the move.
http://www.wealthwire.com/news/headlines/909
If you do the comparison - Silver and other asset class, precious metal is one of the tools you can hedge against inflation, and Gold and Silver have always been trusted by people of the world. Of course, you still need to know related info such as when Gold stops going up, as learning is a lifelong process, when it is about money and wealth, YOU are the most important asset!
