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.

While gold is ever stretching towards new highs, silver is still lagging behind. Silver ranged in price from $10 to $19 in 2009, still well, well below it’s highest price ever. $49.50. That’s right, in 1980 the price of silver was 2.5 to 5 times higher than it’s all time high of nearly $50!

Gold on the other hand continues to break through it’s all time highs as world banks stock pile the precious metal to back their currencies and individual investors buy gold to combat inflation, looming around every corner.

So where oh where will the price of silver go? We think up, and up and up. But what do we know, we just write this blog….

Well, it’s not because we have to say that, we’re not analysts, we’re not paid by any of the big silver ETFs, we just like silver! One interesting point that we found in an article over at business 24 – 7 is about one fact.

The fact that silver is the only commoditiy that hasn’t jumped above it’s all time high during this commodity boom. Yes you read that right, every thing else has jumped above it’s all time high but silver. The precious metal silver is behind. And from what we’ve heard (only third hand so do your research) the silver supply is low and demand stays the same or is growing.

So why the low price?

We’re not sure. But it just adds to the reason why you should buy silver.

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.

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 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?

Silver was down nearly a dollar after showing signs of regaining those highs seen over the last few months. However, with the Stock Market looking like it may not be the abiss that many thought it was, we may just see a slowdown in precious metals purchasing leading to lower prices.

Is the commodiites run over? What’s your opinion? I can’t see that happening with the expansion everywhere in the world, the need for silver in industrial processes, and comments like these comments on blog silver how can there be a retreat in prices. There may be a dip but probably not a retreat.

Silver prices are topping $18 an ounce currently and gold is shooting past $940. The EU reported that it’s nations saw inflation of 3.6% in month of March making the 15-nation currrency rise to $1.5978 against the dollar. An all-time high!

The dollar also dropped against both the British pound and the Japanese yen. The European Central Bank, in charge of the Euro, unlike the US Fed, will work to curb inflation by not lowering interests rates below 4%.

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.

That’s a very good question. One obviously not many can answer. However, if you look at the world, how it’s growing, you’d have to wonder if the prices of gold and silver would just naturally stay higher. The need for these two precious metals in the electronics industry isn’t going to go away. And with growth being seen in all types of economies, it appears the need will continue to rise putting demand on precious metals at all time highs.

Couple that with all these new investors that are jumping into the mix and you have a lot of potential people that want to buy silver. That might make silver a good buy still or at least a hold, but I guess if you’ve made your profit, you could take it now and wait and see if there are still good points to get back in.

Buying silver can be tricky but still can be a good idea.