Buying silver, as we said last month, for 2010 may be one of the smartest bets you can make with your money. And as we wrote that, silver was around $17 an ounce. Now, just days into 2010, it’s already creeping back towards it’s 52 week high.

$19 is near for the price of silver and if you want to buy silver, now may be the time to do so. With the jobs market still shaky and earnings reports for a flurry of companies on the S&P 500 due out in the next month, you may want to put a little bit in silver to keep your rear end covered.

Gold, although still rising amid recent selloffs, is high priced and difficult for some to get into. Well, silver tends to follow the trend of gold and you may want to ride the wave. Just look at the chart below at how closely silver follow gold. This is a 1 year comparison chart of the price of ETFs, GLD and SLV.

If you think gold is going to rise, you may just want to buy into silver and watch that price follow all the way up.

The market was down, commodities were down, everything was down. So where do you put your money? Especially if you can’t put your money in precious metals, which are supposed to save you from inflation.

Well, we don’t think the world has gone crazy and decided to take their money out of everything. We think rather, the market is correcting itself. Investors are taking profits from both equities and commodities and we’re seeing a sell-off. But that doesn’t mean you shouldn’t look into buying these.

We think instead, you should think about buying into the market, especially something like SLV or GLD. Both of these ETFs look to provide you with buying opportunities in the coming weeks. Especially if we see another pull-back in the market. What around or get in now, either way, it looks like there might be some dollars to be had in the precious metals world.

The recent stock market rally has allowed investors to regain some of the losses they endured last year.  Commodities like silver and gold are no exception.  You’d think with a strong equities martket they would be, but nope, this isn’t the case.

Instead, with the dollar looking to weaken based on a fed that continues to print money, precious metals may be a good buy.  So how do you get into precious metals?

Well, one way is to buy ETFs like the silver trust ETF SLV. These types of funds allow you to directly invest in silver and gold without having to buy the precious metals themselves. But the question is, will silver, and likewise SLV be abel to survive the market rally? We think yes. Even though gold and silver have had amazing gains, we think they will continue to do so.

Although this is just our opinion, you have to look at what might cause this. Inflation, due to all that money printing, may cause investors, who like to hedge against downside risk of their dollars being worth less, by investing in silver. Others may want to play the silver game based on the fact that china and markets like it, namely india, are expanding at a rapid pace, and all those people are going to need things with gold or silver in them.

That’s why, it may be prudent just to keep a little SLV or GLD in your portfolio for the time being.

Silver has been a roller coaster ride lately with ups and downs and in betweens. No one can figure out this market. And if you can, you’re kidding yourself.

Buying silver, which historically, buying gold and silver has been done when the markets or dollar is down, is even a risky investment. Investors in precious metals have seen both of the major metals swing more than 15% in a months time. Going from 52 week highs to lows within a week.

However, the latest news from Wall Street, that Goldman Sachs beat estimates this quarter, comes as a boost to all commodities. Not because it’s finally good news from the investment banking world, or the banking world in general. But because the reports say that Goldman has had better than average returns in the commodities world or it’s investments.

To some this may seem obvious. Oil is up, way up, and buying things like gold and silver is just safe plays on a weak dollar and a strong commodities market. Traders don’t even have to buy just mining companies. They can get in by investing in silver ETFs like SLV.

But to others, just jumping on the bandwagon, it’s not that obvious and can still be a strong play in their investment portfolio, even in this run-up. As Blog Silver has said before, the demand is high and people are hesitant to dump their money into a volatile stock market. So they go looking for safer investments. Safer investments like gold and silver ETFs that can get large boosts from earnings reports that boast about commodities earnings.

Some may think that buying gold and silver right now is crazy. You may think that the markets are possibly on a turnaround and the dollar isn’t doing so bad. Buying precious metals at a high point would be crazy.

But what about the rest of commodities around the world? And better yet, the worlds use of those commodities.

It’s increasing, and increasing at a huge rate. China and India, named way too many times to count in this blog and similar financial blogs, are all about buying the commodities that China and India are buying and need to survive. Some of those commodities are gold and silver, which you may want to consider buying.

Buying silver now may not be the worst idea. Oil is on the rise, stocks are chaotic at best, and the dollar, although rebounding on news that the fed is done lowering rates, is still not as nearly as strong as it’s closest rivals. You need to consider the rest of the market, not just those historical indicators of the price of silver.

There are a ton more investors in the game now and with Silver ETFs gaining popularity along with all the other sector ETFs out there, you may want to think about getting into silver right now.

The iShares silver trust ETF, SLV is holding strong amid all this up and down buying and selling of silver and gold. The silver trust may be the best way to get into a silver market that some say is going to go even higher.

As oil continues to rise, gold and silver are tending to follow the trends set by the market. When there’s a sign that the economy could rebound and the dollar could be on the rise, the precious metals fall. But as the market shakes with rising oil prices, people are back buying silver and gold. A big way they buy these precious metals is to buy into the silver or gold ETFs (Gold, IAU).

These funds are easier to trade and cost an investor less in the long run than buying silver or buying gold directly in the form of bullion bars or coins. The two trusts are holding strong, fluctuating with the price of gold and silver as they should since they are backed by the precious metals.

If ever there was a low point to buy silver in this run-up, now would be the time. High $16 range right now.

Silver has dropped dramatically in the last few weeks due mostly to profit taking and people calming down about the economic conditions. But should people think that the worst is over and start pulling money out of precious metals and other commodities?

Well I don’t know about you but I don’t think the economy is ready for a huge return to glory. Housing is still slumping, the dollar is still weak, and the Feds are looking towards inflation and recession talk. That doesn’t sound like a huge turnaround to me.

On top of that, world economies continue to grow with China and India leading the pack. Silver, used in many applications, not just for fancy jewelry, will continue to be in demand while the worlds mining companies push to keep up with it.

That and silver ETFs still buy more and more silver making less supply on the open market for those countries to purchase.

Buying silver now is still, in our opinion a good bet. Be cautious of spikes and look into precious metals ETFs and mutual funds to increase your position.

The stock market is rebounding, the dollar is showing signs of strengthening, and banks may be doing a little better. A little. So should you be taking your money out of commodities like silver and gold?

The recent drop on silver prices may be a little premature but everyone new it was going to happen sooner or later. There wasn’t really a huge drop in production or spike in demand because of some discover about silver. It was a run up because the price of most commodities was increasing such as oil and especially gold.

So is this run-up done? Well that depends on a few things. Sure there will be price increases based on the economies emotion to financial news. But if you believe what many feel, that the huge growth in countries like China and India will keep demand on all the worlds resources, including silver, then investing in silver is still a smart bet for the long term.

Buying silver bullion isn’t your only option and may not even be the best one because of the tax implications of owning it. You may be better off buying ETF’s like iShares SLV Silver Trust ETF. You can trade it easily online and can hold it for the long term and take advantage of lower taxes should the price of silver keep increasing.

So that begs the question of Blog Silvers readers. Are you still investing in silver?

Blogtown Press, the blog network this blog resides under, has added another precious metals blog to it’s list of great resources for readers like you. Gold Rushed is the latest blog that you can use to find all the information you need about investing in the precious metal gold.

In this market of volatility, gold and silver have become hot commodities and learning as much as you can about them has become priority for many investors. GoldRushed.com allows it’s readers to keep up to date with gold prices so you’ll never miss a great buying opportunity. The plan is to research just like Blog Silver and provide readers with all the potential gold plays, from ETFs, to mining companies.

Like silver, buying gold doesn’t have to be just about buying gold bars and watching them collect dust. You can get into the gold market with simple stocks and trade them in your normal trading account like sharebuilder or etrade. Buying gold can be simple, just like silver, and Gold Rushed hopes to help you find out just how simple it is.

Are you wondering how to get in the precious metals “gold rush” that’s going on right now? Should you run out and buy as much gold, silver, and platinum jewelry as you can? Should you surf the pages of EBay and buy up bricks of silver and gold?

Although these options may give you something to hold in your hands, they aren’t very practical for the average investor. Buying physical silver and gold might require you to get insurance on your pieces, that can wipe out your profits. And buying physical gold and silver also puts you into the collectible tax category where taxable gains are at your normal tax bracket, not the possible long-term investment tax breaks you could get if you invested in other methods.

One way to get in on the silver rush is to buy an Electronically Traded Fund (ETF). The main silver trading fund is SLV, the i-shares silver trust. This fund is backed by silver and trades relatively close to the price of silver on a day to day basis. Doing so can keep you the long-term investment tax situation if you keep the fund for longer than a year. And buying and selling the fund is as easy as trading in your normal trading account. Unlike silver bars where you have to go and find a dealer or other collector who wants to purchase them.

Get into trading silver with SLV if you want an easy in on the latest “Silver Rush.”