The change in the price of gold and silver reflects popular feeling as the to stability of the world economic system, and at this point the soundness of the United States Dollar. Since the end…
Tag: Silver
You can invest in any type of commodity there is, and all precious metals are commodities. Silver has the lowest cost so it is the easiest to buy. Right now platinum is lower than gold which is an historical inversion that has only happened a few times in history. That means that one of the two is vastly over valued or the other is undervalued. Platinum is a critical metal for catalytic converters for internal combustion engines. So one might infer that since world wide demand for new vehicles is down that if the world’s economy starts really going then the need for platinum will increase.
