Friday, June 20, 2008

Precious metal investments

Gold and silver are great hedges against inflation. While inflation is increasing at an alarming rate and everything from gas to food prices are soaring, so is the value of silver and other metals. The demand for silver is higher than annual production and has been since 1990. Above ground stockpiles are being depleted and are reaching zero. That means it's a great time to buy and hold. Once silver becomes scarce, the price will go through the roof. Guess who will benefit? The people that are holding it as investments of course.

You can buy or sell silver through Monex Deposit Company. They will even hold the silver for you in ingot or coin form.

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