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Gold Silver Investing

February 17, 2009 – Gold and silver investing is headed in the direction of becoming an extremely popular investment method as a massive amount of investors around the nation are experiencing too much instability with their equities at the moment and simply want a type of risk aversion asset like physical possession bars or coins that have the potential to preserve their wealth while at the same time profiting from the spikes in value that could occur in the near future as a result of hyperinflation increasing the value of safe haven commodities. Today alone we have seen gold and silver investing reach a significant benchmark, with gold climbing to its seven-month high and silver climbing to its five-month high. Market analysts believe that this is the beginning of much growth to come as precious metals could take over many other investments in the next few months due to investors continuing to lose confidence in anything that is directly connected to the United States Dollar. This would definitely be a good time to hope for the best but prepare for the worst.

Today the silver spot price moves up $.36 into the area of $14.03 per ounce while gold follows its bullish trend and moves up $25.90 into the area of $967.50 per ounce. Many market projections are saying that both metals have the potential for significant growth during 2009 and the current low prices compared to their projected prices for 2010 could signal an excellent time to enter the market before it’s too late. I wish you the best luck with investing in precious metals.

Arthur McGuire

Senior Staff Writer – GoldSilver.org

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