Gold and silver prices as high as never

There is currently a great demand for silver and gold. People are
looking for a safe haven for their money.
The gold and silver prices have reached a new high. An ounce of gold
(approximately 31.1 grams) were on the 7th December 2010 worth around
€ 1072.03 (almost $ 1,430). The 250-gram gold bullion currently costs
around € 8000, € 32 000 per kilogram. Silver managed the mark of 30
U.S. dollars effortlessly ounce. The main reason for this increase
are, according to experts, the debt crisis in Ireland and Greece and
the U.S. monetary policy.
Investors want to hedge against inflation risk
As long as economic crises threaten the investors will continue to
focus on silver and gold. The investors want to hedge against
inflation risk. The gold price trend in recent years to give investors
the right. The gold price has verzweifacht in the past three years
more than. Experts expect that the price will rise to the ounce of
gold due to inflation in 2012 to $ 2,400.


For thousands of years of constant memory
Gold has for millennia been a constant and stable measure of value
memory, and survived every paper currency, in any state bankruptcy and
any war. 97 percent of the gold that has ever supported are still
available. Similarly, as the value of silver was about preserving
agents all paper currency crises. Silver has developed from a precious
metal to industrial metal. It has the highest conductivity of all
metals for heat and energy. Recycling is not always possible for
silver.
Turbulent times for gold investors
On 20 February 2009 had broken through the gold price due to the
impending global recession, the $ 1,000 barrier. After the collapse of
U.S. investment bank Lehman Brothers, the gold price rose within 24
hours to 90 dollars. That was the biggest daily gain in history.
Currently, the fear is driving in front of the European debt crisis,
the gold price from record high to record high.
More information
Invest in gold?
Commodity prices - will continue to boom?
Precious metals as a hedge against inflation
Silver as an alternative
Silver is now regarded as a cheap alternative to gold. Especially
silver coins are becoming increasingly popular. The historic price
ratio of silver to gold is at 1:15. That would be at a gold price of $
1,400 per ounce whole $ 90 for silver. But that is not currently
appearing realistic. Instead, we have at present a gold-silver ratio
of 60.5.
Gold as a secure retirement
€ The turmoil has brought the Germans to rethink. More and more German
hold gold for a secure retirement. An investment in gold is much safer
than an investment in life insurance and savings bonds. 30 percent of
employed people hold gold for a more secure retirement. Likewise, many
do not include gold to give away at Christmas.
Gold bull market until the downward adjustment of the price
As long as times remain uncertain economy, the currency crisis, gold
is not significantly cheaper. Quite the contrary, due to the threat of
inflation is more of a gold bull market, until perhaps someday a
downward correction in the gold price is made.