2008 was a great year for silver and gold investors. 2009 appears to be following the same pattern for the first few months. Silver recently broke the 15 dollar mark. This is why silver is becoming more popular among American investors.
This is great news. However, the US Mint recently decided to suspend their 20-dollar gold pieces. For those who bought silver and gold coins before the Mint's suspensions, the high demand played a major role in the recent rise in silver and gold prices. You can also get more information about gold silver coins via https://www.bullionboxsubscriptions.com/buy-gold-and-silver/.
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In an attempt to meet unprecedented demand, the US Mint has allotted all precious metal blanks to investment coin programs. However, until then, this news has shown that gold and silver could be the most reliable and stable forms of investing in this recession.
Anyone who buys silver and gold for the long term cannot predict the future. However, historically the trend has been for silver and gold prices to rise steadily over time. Many people who are not familiar with gold and silver investments have been surprised by the recent declines in the value of the metals over the past year and a quarter.
For those who are currently investing in coins, professionals advise that you first count your lucky stars that they were able to invest early and then pay attention to spot prices.