Silver is Currently at a 30 Year High

Silver is currently breaking new ground every day. By leaps and bounds the price of silver is continually going up at a breakneck pace. Just a few months back silver was around $16.00 an ounce. Today silver is over $32.00 an ounce which is a 30 year high. Some have noticed that the unrest in the middle east has fueled the precious metal market and because of the United States debt people are becoming less confident in the USD. People are buying precious metals like gold and silver to offset loses in the stock market or to be used as a universal currency if things get too bad and the USD is worth much less.

Many people are selling old silver coins and getting 20 times the face value. A 1/2 dollar silver coin is worth $10.00.

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