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Gold And Silver

November 6, 2009 – Gold and silver have become increasingly popular as diversification options during the last few years, and the preservative power of gold, silver, and other safe-haven assets has drawn many investors to protect their portfolios with physical precious metals. Gold and silver prices are available from reputable sources like www.Kitco.com and www.GoldPrice.net, and the Commodities Exchange (COMEX) lists gold and silver spot prices on the New York Mercantile Exchange (NYMEX).

As with all investments, gold and silver prices rise and fall according to the never-ceasing fluctuations of global supply and demand. Demand has consistently increased during the last few years and our nation’s gloomy economic climate could mean higher precious metal prices over the course of the next decade.

JP Morgan, Bank of America, and savvy economists like Peter Schiff have called for gold prices to rise, and silver’s upward trend should not be considered a “piggybacking” of the increasing gold spot price. Although silver is somewhat more speculative at the moment because of its uses in struggling industries, both silver and gold are poised to increase by 12-18% next year.

Investors who want to own these precious metals should give consideration to their investment goals before making a purchase. Investors who plan on a short-term hold are advised to invest in bullion bars and coins, while longer-term holds generally perform better with certified coins.

Short-term investors stick with bullion because of its low buy and sell spread, but longer-term investors pay the higher premiums because certified coins historically tend to vastly outperform bullion products over time. Call our friendly specialists today at 800-300-0715, and let our organization send you some free information on gold and silver investing. 

Shannon King

Senior Staff Writer – GoldSilver.org

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