Wednesday, April 06, 2011

Silver Nears $40/oz

For years, silver hovered at around $5/oz. However, with gold now approaching $1,500/oz, silver is in play as well nearing $40/oz. Historically, gold has traded at between 16-50 times silver prices, which suggests that we could soon see silver climbing even more. Follow the link below to learn more about how silver is bought and sold in America.


Learn More

PS: My private practice gladly accepts payment in gold and silver coin for services rendered...
Posted by

2 comments:

Anonymous said...

Such a high price could also crash as well... it seems to me..

April 12, 2011 2:15 PM
McKibbinUSA said...

Hi Anonymous, I agree that metals' prices could plunge, but probably not until after a robust recovery is underway in the US and Europe -- the last time I checked, Europe is dealing with questions regarding how to bailout Portugal, and the US is just now approaching it own questions about how to bailout California and New York -- but yes, prices of precious metals' will certainly drop after a recovery finally takes root...

April 12, 2011 2:32 PM

Post a Comment