precious metals down. why?
January 23, 2011 by
Filed under Silver Investment FAQ
why are silver,gold losing value in a time of recession.
there may be less demand in terms of production uses, but are more commonly used as investment purposes. one would expect the value to increase in a time of global recession. Even if the $ value increases, surely the need for a solid investment supercedes the above factors by miles?
I wasn’t aware they were, last I heard Gold , Silver & Platinum , were at an all time high!. this was at 10 pm central time. When did you hear this? & Where? I have much invested these commodities , & need to know if I should sell now ! I Will check myself, but I was curious where you heard this.?
Its a commodity, and all commodities are traded in dollars. When the dollar goes up commodities go down.
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https://goldwetrust.com/?commentary=Silver+Story