Monday, September 27, 2010

Money Making Mondays: Invest in 2nd not 1st




Since I can remember when talk of money, currency, and longevity was spoken of, each time the conversation would end with “invest in gold”. Which makes sense, as the value of the U.S. dollar fluxuates overtime; what will remain constant is the value of gold. Although the suggestion of investing in gold still rings true, it is no longer the best advice to give.

Silver is actually the new gold. Yes. Silver. While gold is a great investment, silver is currently worth more than gold by a fraction. Over the years to come silver will advance this gap between the two. So next time some suggests going for the gold tell them “Nahhh. I’ll take the Silver”.

1 comment:

  1. As of the moment true.
    Silver got the ante over Gold at the moment and investing in precious metals is usually profitable regardless. Although if it ever fails or runs out out money is backed by God - "In GOD We Trust" so I ain't even trippin'

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