Friday, November 05, 2010

Silver commands attention.

Did you notice the price movements of precious metals in commodity market yesterday? Silver outshone the gold bullion and announced its preciousness to the world emphatically.

This is what the U.S. Gold Bureau has been saying through their press releases since a year ago. Their exact words said:

  • World demand for silver now exceeds annual production.
  • The U.S. government is a silver buyer.
  • There may never be a better time for buying silver bullion than right now.

Usually, India plays a major role for upward price movements of precious metals at this time of the year due to series of festivals. I think the wise investors of hard assets in the world woke up just in time to join the Indian crowd and have turned actives buyers of silver.

Place your trust on silver to reap golden rewards.

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