Silver, Gold and Platinum Shined in 2007
Rocketing fuel costs, bad housing news, inflation and recession debates, interest rate adjustments or lack of, a volatile stock market … 2007 has been an interesting one.
Then there’s the shiny stuff … precious metals. They performed in absolute style for 2007 and provided a year of a different type of excitement. Anyone who started the year buying silver, gold or platinum is sure to be smiling ear-to-ear.
Collectors who purchased bullion coins received a double-whammy, experiencing their coins moving up in intrinsic value and the glowing feeling of increased satisfaction with their purchases.
Many analyst are predicting a solid rise in metals and an even sunnier 2008. That, of course, is yet to be seen. There are rarely any sure bets.
The CoinNews 2007 London Fix chart:
Above is the CoinNews.net chart showing the year-to-date London Fix (PM) prices for silver, gold and platinum.
(For periods, the last bullion prices of the month are used.)
Related bullion collector tools
Here are bullion related calculator tools that may interest you:
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December 30th, 2007 at 11:35 am
Happy New Year 2008. The year 2008 will be the year of precious metals. In 2008, watch for prices of Silver, Gold, and Platinum will be shining ever brighter! As well as you put your money in European Bank Account or Canadian Bank Account for safe haven against falling U.S. Dollar. You will find investing in Precious Metal to be very profitable thing to buy. I personally buy Silver, Gold, and Platinum Coins as I can afford. This way its is fun way to invest in precious metal because you can see your investment. Why settle for boring investment like stock and bond its is a piece of ugly paper just like Fiat Federal Reserve Notes, except it is issued by corrupt corporations! I suggest to buy fun and beautiful investments such as Silver, Gold, and Platinum Bullion as well as Rare Coins and Medals!