Thursday, December 9, 2010

Silver Investing - Silver Hits The Big $30

A few days ago (12/6), silver hit and closed over $30 per ounce. It's been over 30 years since that has occurred. Now it has fallen back a bit but nothing to worry about for now. Spot silver at this writing is at $28.90 - a gain of $1.95 in the last 30 days and $11.53 for the year.

I have a few articles on the new America the Beautiful silver coins being released by the U.S. Mint tomorrow 12/10. These are five-ounce silver bullion coins honoring Hot Springs National Park, Yellowstone National Park, Yosemite National Park, Grand Canyon National Park, and Mount Hood National Forest.

There is a lot to say about these coins, how they are issued and rumors of the hefty premiums being considered. But the articles do a good job of explaining these topics. The first article is from Kitco News and can be found here. The second article is longer and comes from GATA (Gold Anti-Trust Action Committee). You can read it here.

Thanks for reading.

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