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Gold and Silver investments a safer bet then Market
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September 3rd, 2010Money and Finance, Services, education, moneyGold and Silver are doing great. Many predict gold to hit $2000 per oz in the near future and I think silver will hit at least $30 in the near future. The best thing about gold and silver investing for me is that its fun and I actually hold in my hand something physical. There are lots of ways to invest in precious metals but I prefer physical gold and or silver. I personally will collect gold and silver bars, rounds and coins. Coins have a slightly higher premium but make it more interesting the piece of metal(albiet valuable) sitting there. Gold and Silver are also extremely liquid, if you have bars or rounds that are certified and from a reputable mint, you can sell them immediately. American Precious Metal Exchange APMEX is where I purchase most of my gold and silver. There gold and silver prices are the lowest above spot or close to it. My preference for APMEX is actually due to selection of gold and silver coins from mints around the world that they are able to offer and there customer service. Pricing is very competitive so you will find other places that may be a few cents cheaper or the same, but the service may be questionable. They also post bid price and will purchase from you immediately if your looking to sell your silver or gold. I just sold them a ton of silver bars that I purchased around the $12 range for a 50% profit. Took the cash and bought some gold. Silver is fun because I like having over 50 oz of silver on my table, compared to one lonley ounce of gold. Both are smart investments and if I could afford 50 oz of gold, there would be no silver on my table. Find out more about gold and silver at APMEX.
Tags: american precious metal exchange, apmex, coins, gold, gold and silver investing, silver, silver bars rounds
