I have to agree that silver is a precious metal. It is even considered as a trading metal. It is also a status symbol for some. The wealthy and wise are currently acquiring lots of silver bullion and silver bar in their collection.
If I am to buy silver, I would not use it merely as status symbol, I would definitely use it as investment. Many experts are actually suggesting to include silver in one’s investments but if in doubt one can consult with distinguished brokers, bankers, financial advisors or dealers.
ETrades.net mentioned an important information that silver is becoming in demand because of the booming economies of India and China where these precious metals are being utilized. Therefore, it is truly wise to make them as investment because of the probability that their prices will soar in the future.
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