Tuesday, November 21, 2006

Silver - My favourite metal

Buying gold has been recognized for centuries as one of the best ways to preserve one's wealth and purchasing power. Gold bullion is a unique investment. From the time of ancient Egyptians, Greeks and Romans to more modern times, man has had an affinity for gold bullion.

However, silver - long considered its poor sibling, is also being considered as a important form of investment. As an investment product, silver is available in coin or ingot form. There may never be a better time for buying silver bullion than right now. World demand for silver now exceeds annual production, and has every year since 1990. One of the reasons why filmmakers and photographers are shifting from celluloid/film to digital filmmaking is that silver is used in the manufacture of celluloid/film raw stock. Above ground stockpiles of silver bullion are low, shrinking rapidly and approaching zero. Silver price has been touching the roof for quite some time now. Since the end of WWII, for example, the U.S. government - once the largest stockpiler of silver on the planet - has dumped billions and billions of ounces of silver bars onto the world market, effectively depressing silver prices. Today, that government silver hoard is gone . . . and now the U.S. government is a silver buyer. For these reasons, silver bars represent an outstanding investment opportunity.

Through Monex Deposit Company (MDC) you can purchase silver, gold or other precious metals and coins for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository. For over 30 years, the Monex companies have been America's gold, silver and precious metals investment leader - having the best US silver coin prices and programs in the silver coins industry and competetive precious metals prices.

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