Some people might tell you that to invest in silver is a complete waste of money, they would probably tell you that silver are way too cheap and that gold is definitely the only way to really make sure that you have a solid investment. If you look at the average yearly price of silver versus that of gold, then you might agree; silver traded at an average price of USD35.12 while gold traded at USD1572.00 per troy ounce. This is a very clear indication though that not everyone would be able to invest in gold, you would need a lot of money in order to make a worthy investment. On the other hand, to invest in silver is within more people?s reach and silver has shown some growth over the past years, in 2010 it traded at approx. USD20.0 per troy ounce, an almost USD15.00 per troy ounce growth.
Source: http://www.texansfortierone.com/business-finance/investing/invest-in-silver-versus-invest-in-gold
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