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SilverBullion

March 19, 2009 – Silver bullion is showing impressive gains for the day as the overall demand for precious metals skyrockets today due to news from the Federal Reserve that is causing high inflationary fears for the future of this financial crisis. Many wise investors are turning towards the historical profitability and preservative attributes of gold and silver bullion, especially since both are projected to outperform most other financial markets during 2009. So far this year, stocks have seen some sharp losses while gold in particular has increased in value about 10% while silver bullion has increased in value about 13.6%. Short-term projections are saying that the United States Dollar will be the determinant of market fluctuation in the upcoming weeks, so it’s important to track it in order to make a proper investment. Companies such as the Certified Gold Exchange have a reputation of assisting investors when shifting funds from other markets into precious metals, and they are highly recommended by banks and financial institutions nationwide.

Today spot prices are continuing to make significant upward fluctuation that has gold trading at $955.50 per ounce while silver moves up to $13.49 per ounce. Inflationary fears could continue pushing spot prices even higher and several of the latest predictions are saying that both metals could see their record high become surpassed by the end of this recession. Historically, the two have the potential to achieve such gains, so it’s pretty much a waiting game from here on out. Let’s hope for the best and prepare for the worst.

Shannon King

Senior Staff Writer – GoldSilver.org

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