Spot silver is up $1.51 today (Wednesday). Good news for the silver bugs out there. Better if you have already made your junk silver (pre-1965 U.S. minted quarters, dimes and halves) purchases in the past two weeks while prices were down.
Cause? Market is down due to investment/banking company problems. I venture to guess that most of those jumping in the silver market are a) doing so temporarily because of the market and b) are buying paper silver (certificates) rather than actual metal.
Get some pre-1964 dimes or quarters today and enjoy a solid tangible investment. I have a feeling silver will continue to go up this week.
Hey, disclaimer - I am not an investment adviser nor do I market or trade in precious metals. PSA Off.
Wednesday, September 17, 2008
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