News UNIT Wire:
The higher prices in silver are better for investors and especially the smaller investor as it allows them to buy a comfortable amount of silver so as to not be overwhelmed by storage difficulties. Individual rolls of 20 American Silver Eagles are now about $1000 so investors can purchase rolls as if they are bank CD's.
Even well known investment analyst and entrepreneur Marc Faber recently mentioned he didn't like silver as much as gold because it doesn't fit into a safety deposit box as well. Those bulky monster boxes of silver can pose a great difficulty to the small investor for both handling and storage.
As both industrial and investment demand for silver increases the small investor can profit with some substantial gains especially as the US DOLLAR collapses and the Federal Reserve continues it's Quantitative Easing destruction of the US economy. Silver Spot price rose over 5% already since Friday as silver approaches the historic Hunt Brother's price of $50.00.
There are may wary investors who are still chasing the US DOLLAR and trust our corrupt government and banksters. Soon they will find themselves looking at higher silver prices as many analysts expect silver spot to reach near $70 by July and there is even talk of passing $100 by the year end.So if you are one of the many observers watching the price of silver go up and hesitated to invest because of the bulk quantity of investing in physical silver, just wait around a few months as a roll of silver American Eagles might be $2000US by then and you will be happy to only have to buy half as much.
....developing...
