Wednesday, June 28, 2006

Silver -- not only shiny, but a wise investment!

Looking to invest your hard earned dollars? There are many ways to invest your money to help it grow. Stocks, bonds, and real estate are a few ways. Some of these need a much larger initial investment though, and if you don't have that much extra cash to sink into such investments, you may want to consider other options.

Start with something a little smaller scale -- something you can frequently invest your money in as excess cash is available. Have you ever considered precious metals as an investment? Gold, silver and platinum are all good examples of what I'm talking about. I don't necessarily mean jewelry, however jewelry pieces are also considered investments. They just ordinarily have sentimental values to them as well, and aren't likely something you would purchase for the purpose of re-sale down the road.

Silver is a hot commodity currently, with the worldwide market demand exceeding the annual production, and has so for the past decade. Today's silver prices are around the $10.00 per ounce mark, but with the growing demand for this precious metal constantly rising and depleting the annual production, this will surely boost silver prices in the future, making it one of today's wise investments.

I was recently reading a web review for Monex, which is one of the largest and most experienced firms in America that specialize in precious metals for individual investors like you and me. Founded in 1967, Monex has sold billions of dollars worth precious metal bullion and bullion coins to over one hundred thousand investors. They have some great information on investing in precious metals, and particularly the current silver trend. Check them out for or more information on investing in

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