It seems these days that I’m all about money in one way or another – finding good deals so we can save our limited income, trying to put some funds aside in a high interest account in the bank, thinking about stocks, bonds and mutual funds, and now I’m looking at Monex Deposit Company. You see they sell silver coin and other precious metals as a form of investment.
Apparently world demand for silver now exceeds annual production of the precious metal.
It’s a worthy product to invest in now before stores of the stock piles of this metal go down further. MDC allows you to purchase silver and have it delivered for safe keeping to an independent bank or depository. The silver comes in coin, with currency value, or ingot form.
As I said I haven’t decided yet how I might invest my money, but I know that investing in a diverse amount of products or companies is usually a good idea, so perhaps one day I’ll have myself a little stockpile of silver or other precious metals.
We think that buying shares in silver mining companies is the best way to go at the moment, the leverage to be gained against the price of silver will help propel your profits towards the moon.
I’ve heard this same thing … that silver is a great investment, but gold is only so-so.