Adam Hamilton talks on why silver is in crisis:
Silver, an asset which many investors thought would thrive during a financial-market panic, has been scourged mercilessly. After briefly surging above $20 in March, it nonchalantly traded between $16 and $19 or so for the next 5 months. Silver was on top of the world, consolidating high, and all looked well.
Rest of story...
Silver futures for December delivery today dropped to 16 cents, or 1.7 percent, to $9.33 an ounce.
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1 comment:
This just means to say that if one wants to invest in jewelries, then better choose the gold ones as gold value does not depreciate but continuously increases over time. Real gold may be hard to find and much harder on the pocket but its returns are high and definitely worth the investment.
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