All the talk has been gold, gold, gold in the mainstream media, but showing once again that most outlets are a step behind, silver is the big news currently. Gold's little brother is pressing $19 per troy ounce and is looking to establish a $17 floor.
The prudent move now is to hold gold and buy some silver. It remains off record highs and like gold, is benefiting from the great turmoil around the world. The economic problems appear to be ongoing, meaning more and more cash is flooding out of the traditional stocks and bonds and into commodities such as gold and silver.
As for silver options, they are just like gold, but instead of clicking the gold icon, hit the silver one. Switch American Gold Eagles for Silver Eagles. Look at ETF's focusing on silver and seek out companies mining silver. Now is the time to act, before like gold, silver becomes over-priced.
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