Wednesday, December 29, 2010

Silver is Over $30 and Gold reaches a new high. . . Again!

What an awesome rally the precious metals market is having this week!  There are many precious metals investors, the new and the veteran, that are very excited with the gains over the past few days. As it stands today, Silver is holding it's spot steadily above $30.00 and Gold is at the $1400 mark and up. Although the returns of investing can be very volatile, these gains don't come to a surprise for many despite the poor shape of our economy. Don't bite your nails if you notice a slight pull back. It won't be too unhealthy in this market, as it opens up opportunities for investors to jump in and purchase their physical and electronic shares. I personally would recommend to keep purchasing even through the highs as most precious metals are historically under-priced.

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