Now May Be The Time To Purchase Silver Coins

Posted May 25th, 2011.

The announcement caused a sell-off for those who were not sufficiently leveraged in their positions. Some analysts believe that prices will eventually recover after this recent pullback, and that now represents a good opportunity to purchase silver coins and other bullion related products before prices increase again.

Over the past year, the price of silver has gone up by nearly 150% on its way to flirting with its all-time high of $50 per oz. But since then, prices have fallen back somewhat, and we are now in the $35 per oz range since the announcement by COMEX that trading costs in the futures market would be increased.