How About Investing in Precious Metals Like Gold and Silver?

Have you ever thought about investing in precious metals like gold and silver? Do you know that gold prices are soaring higher and higher for the last many months? If these soaring gold prices make you feel like investing in gold, then you need to know that there is another precious metal that can give three times more gain in the future as compared to gold. IF you invest in that metal and in gold took, you can reap a windfall!

So, you are interested in gold investing! Than read on! There is another metal, I told you about. This metal can give three times more return as compared to gold. Guess what is that precious metal? Platinum? No, it is silver also known as the while metal. Gold and silver have always been considered to be things of beauty in human history. Silver less so but still those women who could not afford gold, would always wear silver.

What's so special about gold and silver. Gold has been ingrained in the human psychy as the thing of beauty as the ultimate wealth. Throughout human history, people have been hoarding gold. The same phenomenon has not taken hold of different countries. Dollar has become weak due to the recent financial crisis that the world experienced. Countries like China, Russia and India want to hedge their international currency reserves most of them being in US Dollar. So, they want the ultimate currency, "gold."

This way these countries think they would be safe in case of a major Dollar devaluation that might take place in the unforseen future. Silver is also being bought as both gold and silver have been used to mint coins from times immemorial. This trend of buying huge quantities of gold and silver is driving their prices sky high. Remember the time in 19th century when the world was on the gold standard. Countries would keep gold and silver as international reserves. We might be headed back to that time!You never know.

No one knows the future. No one could predict the birth of the present currency markets that took place in 1973. No one knows the future of currency markets! Now, gold and silver respond to almost the same fundamentals. When gold prices go up, silver prices will invariably follow. Silver or the while metal is experiencing many other forces that can force the prices of this white metal to rocket even faster than gold even beyond those driving megatrends the while metal shares with gold.

Now, there is a huge imbalance between the supply and demand of silver. Silver is widely used in the electronics industry, photography, soldering metal pipes, plastic industry, coin minting, laptops, digital cameras, dishwashers and even refrigerators. What this shows is the supply of silver is even more limited as compared to gold. The best way to profit from investing in this gold and silver rush that is going to happen in 2010 and beyond is to purchase gold and silver calls or trade gold and silver futures.

Trading futures is a what you need right now. One of the best ways to trade commodities is to learn futures trading. Position yourself for the coming gold and silver rush by starting paper trading gold and silver futures contracts Another method to invest in the upcoming gold and silver rush is to invest in gold and silver mining companies by buying their stocks. Investing in gold and silver mining companies had made a lot of people rich in 1970s to 1980s. The same can happen in the coming decade.

I give you one example, how things exploded in 1970s when the gold and silver boom suddenly started. Silver prices in 1970 went from just $1.29 per ounce to it's peak of $49.45 per ounce in 1980 in just ten years giving a whooping gain of 3,773%. Now compare that with the measly 12-15% return on Dow or S&P 500 Index. You may be thinking that this is distant memory. Those days of gold and silver are gone! But,this time people are sure, even better days lie ahead for those who will invest in gold and silver.

Take another example of a junior silver mining company, the Lion Mines. It's stock was trading at $0.07 in 1976! Yeah, that's just 7 cents. Within a short span of 41/2 years, it's stock price had reached a whooping $380 per share. Can you imagine that! If you had just invested $184 in the shares of Lion Mines Company, you could have easily made a million dollar in just under 41/2 years. This time, again a boom is lying around the corner in the silver market. Don't wait!

Mr. Ahmad Hassam has done Masters from Harvard. Give 60 days RISK FREE trial to this Day Trading Course that teaches trading not more than 20 minutes each day and making 5 figures every month. Learn Commodity Trading!