12/19/2008

Silver

Silver is an interesting mental. It's good-looking. It's "Ag" on the periodic table, so it's a good conductor (in the same column as copper and gold) and it is resistant to corrosion. It has a soluble nitrate. That's getting too scientific now, but it's a good fact, trust me.

How about this as a silver fact - currently the world demand for silver outweighs the amount that is mined annually. So, when demand is greater than supply is pushes prices up. The production hasn't reached parity with demand since 1990 which has depleted the above-ground stocks.

That's why silver is a good investment option.

You can make your silver purchases via the Monex Precious Metals website.

Just keep it away from Nitric acid. See, I told you that scientific fact was a good one.

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