Tuesday, November 16, 2010

Silver Investing - Silver Down But Far From Out

Like gold, silver has been having some down days recently. Spot silver stands at $25.40, a 30 day change of plus $1.06 with a one year change of $6.98. Not exactly a time to panic since it still has nice gains.

I found value in a few recent articles related to silver. The first is by Jordan Roy-Byrne titled Downside Targets for Gold and Silver. The second gives lots of reasons for investing in silver. It is by Lorimer Wilson and worthy of your time Why You Should Have Silver in Your Portfolio - As Well As Gold

Silver Eagles so far in November stand at 2,715,000 one-ounce coins with a year-to-date total of 31,345,500 Silver Eagles. November and December tend to be high volume months for these coins so we can expect to see big numbers.

Thanks for visiting.

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