The Price of Silver…..
Over the past year silver has done really well price wise. I’ve been watching the price of silver for a while now. Purchased 1kg from bullion vault back in 2008. I paid around £200 that 1kg is now just shy of £1000!!!
Silver took a bit of a knock back in May when the price rocketed up to almost $50/dollars per ounce. It’s now back down at safer levels. In fact since the 2011 finicial crisis which started a few weeks a back it’s taking a good kicking. Gold on the other hand has great at over £1000 per ounce!!
I now think it’s time to jump back on the silver wagon. I will be using some spare money I have from selling some crap I had in my house on ebay. I’ll be putting an order in with both Bullion Vault and Goldmoney for around £2300 worth of silver. That’s about 100 ounces. I’ve been told that the price will be going to $100 an ounce by Christmas.
Looking at the charts this seems about right. So I will be doubling my money just in time to book a flight somewhere warm lets hope
What about the future of silver well market traders and experts say by 2016 the price will be $1000 per ounce. If correct I will retire early!
Anyway if you looking to buy gold online (or silver) these two websites will give you the cheapest and easiest way of investing and protecting yourself.