I just finished reading an interview by Ted Butler, a noted expert on silver-related products and silver investing activities. In the interview (dated early August 2010), he states "World silver inventories are at their lowest point in 200 years while gold inventories are at their highest". This would make a strong case for investing in silver which he claims is very affordable now but may not be much longer.
Silver Eagles are having a nice run again for July. A total of 2,983,000 Silver Eagles were produced in July making the year-to-date total 21,149,500. That's alot of silver eagles. Hopefully, you have some in your possession or other silver investments such as 90 percent silver coins or even silver bars or rounds.
Happy investing.
Tuesday, August 3, 2010
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