Friday, April 17, 2009

Money Market vs. Gold & Silver


Here an interesting thing, did you know that for past the seven years, the Money Market has seen numerous downfalls. This we know, but did you know that gold and silver has been more stable and dependable through the years. The is true by looking at the raise of gold and silver prices from 1975 to present.


The thing about Gold and Silver is the composition, it does not change, only the value. So far, for the past 20 years Gold and Silver has been going, going, going up! As for the Money market, yes it does change, it changes with the needs of a society. The world market determines the price of stocks, it may go up and of course as we have seen it, it can go down. Same as for Gold and Silver.


Gold and Silver on the other hand, retains it's value, appeal and it's use every day life. From being used in electronics, jewelry, coinage to art. Remember, some of the oldest documents describing or talking about gold and silver goes as far back as 2600 B.C.


So in conclusion, you may not want to put all your eggs in one basket.



Note: As of April 18, 2009 Gold was at $869.00 and Silver was at $11.87 an once. By knowing this, what is an once?


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