Silver Remains a Buy at These Historically Low Prices

The market took a rest for the month of December and most of January.  It looked like the markets of old, when prices just kept climbing with intermixing of small declines for profit takers to reap the rewards of the most recent jumps.  But, as news of inflation, jobless numbers remaining, and earnings not quite what everyone thought they were going to be, we’ve seen some large declines.

So, is it all money back into previous metals?  Ride the gold train all the way up?  We’re not sure about gold, but silver is definitely still looking good in our minds and remains a buy for many at the current price of $17 an oz.

Historically, silver is no where near it’s non-inflation adjusted price of $50 per ounce, while gold is setting a new high every other week.  So whats the deal?  Will silver finally correct itself or will we see the price of silver take a back seat as the rest of the words markets wait for the economy to recover.



Comments (2)    Posted in Silver Investing | Tagged:,,
   

Subscribe RSS 2.0 feed. Leave a response, or Trackback from your own site.





2 Responses to 'Silver Remains a Buy at These Historically Low Prices'

  1. Matty - January 27th, 2010 at 3:56 pm

    Well I think the government trying to cover up the whole thing saying we out of recession and that gdp is creeping up but if you havnt notice already things are increasing like price of petrol, and food…I think inflation will happen ..where is the goverment getting all their money from … I say its all printed!

  2. Martin - February 9th, 2010 at 11:06 am

    Hello.. This comment is for the blog owner; however, I could not find a contact method other than comments. Sorry if this is misplaced and feel free to remove it if so.

    I’ve found your blog by searching the net and wanted to suggest a service which might benefit your readers. I’ve recently authored and published http://www.goldspotalert.com. The purpose of the site is to provide a free tool for metals investors to get automated notices via email or mobile when metals hit a point they specify.

    I use this myself day to day, and I published it purely for the good of the metal investment community. If you feel inclined, please do mention or link to it and let me know if you have any questions.


Leave a Reply