Eldora Gold News-Investing in Silver: Is This Precious Metal Set to Beat Out Gold?
By Tony D Altorio.
Silver has served as a measure of value and currency for over 4,000 years.
As early as
around 600 B.
C.
, citizens of Lydia used it for coins.
But while...
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Eldora Gold News-Investing in Silver: Is This Precious Metal Set to Beat Out Gold?
By Tony D Altorio.
Silver has served as a measure of value and currency for over 4,000 years.
As early as
around 600 B.
C.
, citizens of Lydia used it for coins.
But while hardly new, it’s still giving investors
something to talk about these days.
Eldora Gold Resources News - In the past month, silver has hit prices it hasn’t seen since the Hunt
brothers tried to corner that market over three decades ago.
Their attempts drove the commodity to nearly
$50 an ounce in 1980.
Today, just like back then, many individual investors are buying up what some call
“poor man’s gold.
”
Eldora Gold Resources News - Gold may be capturing headlines and new record highs.
But silver is
shining too… enough to make many wonder whether its forward returns might just beat out gold’s.
Silver bugs like many of the same arguments that gold bugs do: The Federal Reserve’s upcoming QE2, a
second round of emergency monetary e
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