Monday, May 22, 2006

Protect Yourself: Buy Silver with both hands.


Having gone from about $6 to $15, Silver recently settled back down to the lower $12 range. Now it looks as if Silver may continue its runup and settle in the $20 range for awhile.

For those of you who aren't familliar with the history of Silver, it is important to note that silver was at $50 in the 1980s. If, adjusted for inflation, this price were to be achieved again, then we will see Silver prices reach $125 or more.

It is also important to emphasize the economic security guaranteed by posessing the physical metal as opposed to unbacked paper banknotes.

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