2009 to watch silver at $25
Beware! Those who rush to buy gold must not neglect silver. If the present trend continues silver will be the metal people should be watching. As per experts, silver prices will go up faster than gold rates in the coming days due to increased demand and a shortage in supply.
Frank, CEO of the Butzbach-based investment fund Silver Capital AG, stated:
In Europe, Germany in particular, everyone is trying to buy silver bars and coins, rather than gold, but there just isn’t the physical supply available. Global above-ground inventories are severely depleted. So, people these days just can’t get their hands on enough silver.
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Tue, Mar 10, 2009
Post by Melissa Pistilli, Silver Senior Reporter