Home | August 2011News | Bill Hionas Reminds Investors about Silver, the Other Precious Metal |
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Bill Hionas Reminds Investors about Silver, the Other Precious Metal
- Bill Hionas Reminds Investors about Silver, the Other Precious Metal
- August 16, 2011
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Silver attracts safe haven interest similarly to gold and is likely to benefit from the same economic conditions.
MIAMI, FL - With all the recent hype on gold's meteoric rise less attention has been paid to its lowlier sibling, silver. As gold prices skyrocket, silver offers a more attractive and affordable entry point to the world of precious metals investing. Like gold, silver benefits from safe haven investment demand; silver, like gold, is seen as a viable alternative to paper currency and is easily marketable.
At present silver is holding just shy of $40 an ounce. Many investors may be wary of silv...
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