The past several days now, all those gold selling business's that always touted the advantages of buying gold have started to push silver now. Many that always stated precious metals investing but gold specifically. Now the last few days at least 2-3 have been pushing silver as the next big investment. I'm thinking that as gold is continuing to go upward it is getting beyond the average investor and they feel more people will be able to afford the silver instead. Anyone notice this?
Six adds above the bar before I signed in all say gold none say silver. So I am not seeing what you are.
I personally haven't seen the ads, but common sense dictates this will be a trend in the near future. It's only a matter of when, not if.
i've heard quite a few more commercials on the radio for those gold buying places advertising that they now purchase silver. yes, they have always bought silver in the past, but now the commercials actually mention silver, not just gold. as far as investment ads, i haven't seen any that mention silver.
Yeah, I'm not surprised. I keep waiting for the big crash that never seems to happen as the years go by. Was just looking around the US mint website and saw they're selling 2011 1 oz AGEs for $2,135.00 now. I just paused for a moment and wondered how many people in the US could possibly afford one of these anymore? It was barely a year ago, you could get them for around $1,100. Officially, there's about 10% of the US unemployed which is likely closer to 20%. Over 50% of the population have low enough incomes to where they don't have to pay any income taxes in. They're not buying any. Now you look at the less than 50% of the population that is left. How many are even interested in buying them? Who's making enough to buy them? The wife and I make a pretty good living for how bad things are, but still. Even if all the bills were paid, it'd be a major investment to buy a single AGE these days. One AGE is now worth more than my coin budget for an average year. I collect, would like to buy one and make decent money. I don't know how they can keep going up at this pace, to be honest. Gold may keep going higher but there won't be many people left who can afford any gold.
I'm glad to see this being discussed, I've noticed a similar trend also. There is even a commercial running which extols the investment virtues of silver with nary a mention of the "G" word.
I can't remember the names of those companies I saw on TV pushing silver now more than gold.. but the commercials are letting the gold comment slip to the back burner in favor of silver..at least the few I have seen...
