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Silver Gold Bullion

March 9, 2009 – The beginning of the week is showing signs of investors profiting from the rebound in value that silver and gold bullion made last week, and it seems that although prices are falling today, that they may rebound during midweek as fear of the global economy escalates. Silver and gold bullion have done impressively well this year, with gold up 6.6% for the year and silver up an impressive 18%. Compare this to the 25% decrease in value by the majority of stocks and it’s clear to see which investment could be more profitable and preservative at the moment. The weakness with equities continues to be the driving factor for increasing precious metal values, and it’s historically proven time and time again that they usually run in adverse directions to each other. Troubling times lurk ahead for corporations, especially after the World Bank predicted that the global economy could shrink this year for the first time since World War II. An investment in silver and gold bullion bars and coins could be the difference between winner and loser in today’s modern day investing market.

The spot price of gold is currently at around $921.90 per ounce, falling $16.50 for the day, yet still holding on strong at an increase of $10.50 for the month while silver falls $.40 to around $12.93 per ounce. Short-term and long-term projections for both metals are looking increasingly bullish and the majority of market analysts believe that both metals will outperform all other commodities and the majority of financial markets during 2009.

Shannon King

Senior Staff Writer – GoldSilver.org

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