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.