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Friday, October 16, 2009

Commodity Silver as an Investment

About once a week we receive some variation of the questions, "Is commodity silver a good investment?" and "Where is the price of silver headed?"

Although we track the price of commodity silver because of a general interest, we really do not have enough knowledge about the subject to offer any advice. We did discover this article on Wikipedia that gives some facts on the subject (primarily history): Silver as an Investment.

I do know that owning any precious metal can be cumbersome. If I was going to play in the commodity silver market, I would probably look at buying stock in silver mines or perhaps one of the Exchange Traded Funds (ETF) that focus on owning silver. This comment should not be considered as financial advice. Talk to experts and read everything you can about precious metal investing before jumping in.

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