With it's price up 21% this year, silver outshines gold for investors. Keith Fitz-Gerald, Chief Investment Strategist for Money Map Press joins Fox Business' Varney & Co. to explain whether everyday investors should put their money into this precious metal, and what choices are available.
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Good observation, please send me your Money morning newsletter.
Silver really is shining…
Yes, silver is looking real good ……i have a canadian .9999 silver maple leaf $5 coin in my pocket right now that i bought in 2009 for $17.00
"With it's price at 21%" ….. Huh? What does that mean. At 21% of what?
I believe it refers to the price of silver has risen 21% since the start of 2012.
i find guidence well studied
Im buying every month. Dollars cost averaging, mostly silver eagles by the tube.
Mainly for my grandkids education. They are 9& 13.
Hoping a good return in 5-6years.
should i bye silver or gold now in april,2011 which metal go more high profitable by year end
My friend says that the silver is not going up, but the dollar is going down. It is the same thing. With all the speculation, there is one scientific fact about silver. Ben Franklin made silver much more valuable. He discovered electricity and that is the greatest discovery since fire. Silver is the most electrically conductive metal that there is.
Gold is not used much in industry. To put a tenth ounce of it in a device would cost $140. To put a tenth oz of silver in a device costs $4.10. China used to export silver. Since 2007 they have been importing it for their electrical needs. Fifty percent of silver is needed by industry. Central banks around the world used to buy up a lot of U.S. dollars. Now they are hoarding gold and silver. China is telling its 1.3 billion citizens to buy silver. That is good advice for everyone.
do you think Silver will go to 80.00 any
time soon!!!!
I don't think so any time soon, but you never know. Eventually I think it will go much higher than that. With the dollar rapidly losing it's value, rapid demand could drive the price up 5 times what it is now. The important question is where is level off. I wish I had bought more when it was $17.00 an oz.
$80 soon ? I see it at $100 before year end. Oiur dollar is going down, prices going up,stock market going to tank, problems in the mid east, industry demand higher, gold as high as it is, silver is going to be the place to be. Hi hoo Sliver
Silver at $50 within a couple of years ?
How about next week!
I have been buying 10oz silver bars all year. When should should I stop? Its a hard question I know Thanks Lea
When you run out of money.