Certified Silver Coins
Posted by Adam King on November 10, 2009
November 10, 2009 – Silver spot prices have spiked recently, despite many economists’ predictions of a pullback following silver’s run to $18 per ounce last week. Silver prices did decrease slightly, but the subsequent rally by gold prices aided silver in its’ quest to revisit above-$17 per ounce prices.
Some investors have opted to line their portfolios with silver rather than gold, because silver’s per ounce price is much lower than that of gold. Silver bullion items like Johnson-Matthey bars and the American Silver Eagle have become common additions to investors’ portfolios since silver prices started to sustain above-$4 per ounce levels in 2003. Congress approved our Administration’s bank bailout and stimulus plan in February.
Some investors believe that our lawmakers’ decisions will cause a devalued US dollar and higher prices, but the majority of Americans see something far worse on the horizon. Medicare, the FDIC, and Social Security are on the fast track to insolvency, and our government has relentlessly added to our nation’s mountain of debt. It is impossible to spend your way out of debt, and many savvy investors have decided to give themselves some independence in case our economy completely collapses.
Certified silver coins like the Morgan Dollar and the Peace Dollar are completely private investments, and these coins have historically appreciated when traditional investments have failed. If you are looking for a way to protect and grow your wealth until our nation’s financial situation is under control, certified silver coins may be a wise diversification for you. If you contact the Certified Gold Exchange directly instead of one of the dealers in our network, you are eligible for a free copy of our Insider’s Guide To Certified Silver Investing, so call our friendly experts at 800-300-0715 to get yours.
Senior Staff Writer – Certified Gold Exchange
US Gold Market