Today's Coming Crisis Movie

Thursday, April 14, 2011

Most Powerful Reason To Own Gold and Silver?

The reasons to own gold and silver today are many and growing. The obvious and perhaps most discussed are skyrocketing debt, a weakening dollar and the rising threat of inflation.

Validating these reasons are rising worldwide demand for both gold and silver. The World Gold Council reports that Gold demand in 2010 reached a 10-year high. Much of the growing demand for both gold and silver is coming from China as their desire to replace the dollar as the world's reserve currency, with the Yuan, is growing more evident.

While gold prices and demand rise steadily, silver has begun to steal a few headlines. Rising 77% in just the last 6 months, growing industrial demand is said to be the main driver. However, history well settles the fact that silver is also a monetary metal. Now, in the case of both Gold and Silver, investor demand could be the real driver of prices to stratospheric levels. Here's why. (read more)