Sales of gold coins by the U.S. Mint rose 63 percent in January to the highest since April as futures rebounded. The volume climbed to 91,500 ounces from 56,000 ounces in December, while sales of silver coins almost tripled to 4.78 million ounces, the highest in a year, mint data showed … [Read more...] about U.S. Mint Gold-Coin Sales Jump 63% in January; Silver Triples
8 Reasons why silver is a better investment than gold!
1. The historic silver/gold price ratio was 15 or 16:1, but in recent years, silver is relatively cheaper ranging from about 40:1 to 80:1. On Jan 24th, 2003, with silver at $4.89/oz. and gold at $368/oz., the ratio is 75:1. This means that silver is currently undervalued, and cheaper than historic … [Read more...] about 8 Reasons why silver is a better investment than gold!
World has 5 times more gold than silver’
Tuesday, Mar 3, 2009, 3:57 IST | Place: Mumbai | Agency: DNA Vivek Kaul In a world where everyone is going crazy over gold, at least one man wants us to buy silver instead. In a world where everyone is going crazy over gold, at least one man wants us to buy silver instead. World gold inventories, … [Read more...] about World has 5 times more gold than silver’