FAQ: Investing in gold and silver? | Gold Investment Trading Report

Q: Investing in gold and silver?

I?m becoming more wary about the dollar value and it?s declining pattern and want to invest in either gold or silver. Which one is more safe and how would I go about this correctly?

goldsenze.com Answer:

Silver prices are poised to shoot up dramatically for a number of reasons.

For one, supply of silver has dramatically gone down and demand has gone up. This is because silver consumed more than ever.

It is used in such things as cell phones, computers, band-aids, light switches, and reflectors in mirrors.

And secondly, the above ground silver supply has gone down dramatically.

In 1950 there was 10 Billion ounces. In 2011 there is only an estimated supply of between 500 and 700 million ounces.

Third, money is flowing to gold and silver, both as an investment and as an insurance policy against a weakened dollar.

In my opinion, Silver will have the most dramatic gains.

For secure purchasing, it?s a site called GoldSilver.com.

Based in Southern California, GoldSilver.com specializes in the instruction of precious metals investing and providing world-class gold bullion and silver dealer services.

The company is owned and operated by Mike Maloney, a renowned advisor, author, and industry expert.

Based in Southern California, GoldSilver.com specializes in the instruction of precious metals investing and providing world-class gold and silver dealer services.

GoldSilver.com has a strategic team of gold and silver investors and economic specialists.

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