Wednesday, March 4, 2009

What precious metals is??? And don't you wish you would have invested???

Precious metals is a metal such as gold,silver,Platinum,and Palladium.You can invest in these metal's in several different way's the most common form is buying “BULLION”. Your probably wondering what is bullion? All bullion is is a bar, it's shaped like a brick. It's of the metal you are choosing to invest in they come is several different weight variations. They range from grams to ounces, even to pounds. They are a great way to invest with the state of our current economy. Gold alone is projected to top $1,300 dollars. Which last year it only reached a high of $1,033 on march,17. Also were metals had two “selling points” last year this year it is expected to have three or four. No one can really truly predict the market but i expect it to be a good one for years to come. I mean with the state of our economy and this over 60 TRILLION dollar stimulus package we are doing we got to have something to back all our money. Incase you haven't noticed the weaker or dollar the more these metals will be worth. That's a fact i mean look back to 1970 gold was on average for the year $36.18 silver was $1.77 palladium was $36.43 and Platinum was $147.50. Don't you wish you would have bought then?

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